JP Morgan

Transurban tapped the euro bond market for a long 10 year on Thursday. It drew a healthy order book, but not as large as that of Electricity Supply Board’s issue on the same day, prompting some bankers to wonder if European issuers might have a home advantage.

Dealers representing more than 60% of the foreign exchange market have pleaded guilty to criminal charges in the US. Citi, JP Morgan, Barclays, Royal Bank of Scotland and UBS have all entered guilty pleas over their foreign exchange conduct on Wednesday.

Technicolor, the media technology company, has launched a $1.097bn loan repricing, seeking to cut margins on the facility's dollar and euro tranches.

Illinois Tool Works, the US machinery and components maker, issued its third euro bond on Tuesday, taking what bankers away from the deal judged a “conservative” approach by selling eight and 15 year tranches.

McDonald’s Corp fell victim to a lack of demand for long dated euro bonds on Monday. It was forced to pull the 20 year component of what had been planned as a four tranche deal.

BAML has pulled off what few thought possible and drawn level with JP Morgan as top broker to the UK’s blue chips, writes David Rothnie.

The Republic of Indonesia is continuing its trend of issuing a dollar sukuk once a year with a new 10 year offering on May 21.

The Republic of Albania has mandated Deutsche Bank and JP Morgan for a euro denominated bond intended to refinance the country’s outstanding €300m 2015s.

GlobalCapital presents its annual High Yield Bond Awards 2015. These Awards are determined entirely by a poll of market participants, and celebrate the outstanding issuers, investment banks and rating agencies in the European high yield market between May 2014 and April 2015.

A senior financial credits trader at JP Morgan in London is set to leave his post at the bank, say market sources.

Harman International Industries, the US audio equipment manufacturer, made its euro bond debut on Wednesday, putting together a sub-benchmark deal that will be used in part to finance its acquisition of part of Bang & Olufsen.

Eurofima is set to become the latest issuer to sell in dollars this week, with what will be its first deal in the currency since a $1bn three year in May 2010.