JP Morgan

Yorkshire Building Society issued its first euro issuance in four years and the second only UK deal in euros on Wednesday. Bankers said it offered a generous spread to fellow UK names but that it was justified.

The Republic of Korea returned to the euro market for the first time in eight years on Tuesday pricing a dual tranche trade that also included a dollar leg. Out with its first ever 30 year bond, the sovereign was able to create one of the flattest dollar curves among its peers. However, it was happy to leave some money on the table for the euro tranche having been away for so long.

Shui On Land has returned to the international bond market less than a month after its last dual tranche offering. The borrower was looking to take advantage of improved sentiment in the Chinese property sector but was forced to pay up over its existing curve.

Chinese search engine operator Baidu returned to the dollar market on Wednesday with an SEC registered five year bond.

China Overseas Land and Investment (COLI) has joined the caravan of Chinese property developers taking advantage of improving sentiment towards the sector by reopening a dual tranche bond. The tap of the five and 10 year bonds comes just one month after the original deal priced.

Instant noodles and snacks maker Uni-President China Holdings is poised to open subscription for its HK$3.38bn ($423m) one for five rights issue on June 4.

The Republic of Korea opened the books for a dual tranche dollar and euro denominated issue on Tuesday. The SEC registered deal is the first dual currency transaction from Korea and from an Asian sovereign since 2006.

Shui On Land has returned to the international bond market less than a month after its last dual tranche offering. The borrower is looking to take advantage of improved sentiment in the Chinese property sector.

Deoleo, the Spanish olive oil producer, has dropped the dollar tranche of its €600m refinancing loan, which will be allocated on Monday.

Wells Fargo continued the slew of big ticket issuance from financial names with a $4.5bn deal that pushed its total dollar funding in the past six weeks beyond $8bn.

The leveraged loan market has hosted some atypically big M&A deals over the last few months, including most recently €7.5bn for DE Master Blenders. But these attention-grabbing deals cannot hide the continued paucity of deals in the mid-market.

The primary covered bond market is set to pick up next week, with deals from issuers in the UK, Germany and New Zealand in the offing. Yorkshire Building Society announced its intention to go on the road and bring its first euro deal in five years, Westpac New Zealand has said it also launch a roadshow next week to market the first covered bond since the country enacted a legal framework and Dexia Kommunalkreditbank is set to return with its first deal since 2011.