JP Morgan

Deutsche Annington, the German housing company, took another big step in its growth trajectory on Monday, when it announced a €2.25bn rights issue to buy its rival, Südewo Group.

As the rights trading period for Banca Carige’s €850m capital raising nears its end, its shares have steadied, to €1.554 on Thursday, only 4% below last Friday's level.

Two SSA borrowers are out with dollar deals early this week — trades that could set the tone for the rest of the week’s issuance in the currency.

Douglas Holding, the German perfumery chain, has enlivened the leveraged loan market this Monday, launching a €1bn deal that will contribute to its buyout by CVC.

Manulife Financial Corp started drumming up interest for its $400m real estate investment trust (Reit) IPO in Singapore on June 15, paving the way for a number of firsts for the city-state — the first sizeable listing this year, the first Reit IPO in 2015, as well as the first Reit with US assets.

Borrowers in the sovereign, supranational and agency sector could find their funding plans rocked by whipsawing government bond yields for months to come.

Shares and rights of the two Italian banks going through recapitalisation rights issues made big moves again on Thursday, but bankers believe the deals for Banca Monte dei Paschi di Siena and Banca Carige will still succeed.

Labco, the French medical diagnostics company, plans to refinance all of its bonds with a new €800m issue. It agreed in May to be bought by private equity firm Cinven after pulling an IPO at the last minute.

Dollar borrowers were forced to pay up to access the market amid continuing market volatility as they raced to take advantage of attractive funding costs ahead of the looming Fed meeting.

Euro high yield investors on Thursday had more than €1.8bn of bonds to consider and two more tranches in euros whose final sizes were yet to be set — New Look, the UK fashion retailer, being at the forefront with the largest offering.

Gabon launched a 10 year $500m note this week, bolstering African issuance volumes that were already at a record high.

Europe's investment grade corporate bond pipeline swelled even more on Thursday, though the primary market stayed silent, as HJ Heinz announced a roadshow to prepare funding for its merger with Kraft.