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Legal action being taken against US chemicals firm Chemours over health issues arising from water contamination has led to steep falls in its bond prices, but some market participants on Monday said they were confident the firm would recover quickly.

Standard and Poor’s downgraded Piraeus Bank’s outlook from “selective default” to “default” on Monday, adding to the difficulties facing Greek banks.

Wells Fargo secured strong demand for its longer dated senior paper on Monday, making it the second North American bank to target euros after third quarter results were published last week.

Euskaltel is seeking a €600m extension of its term loan 'A' and 'B' loan facilities, as well as a new €300m institutional term loan B tranche, to back its takeover of competitor R Cable.

Legal & General PLC launched 30 year non-call 10 notes in the UK on Monday, giving investors their first taste of a sterling denominated tier two insurance deal since June.

Naspers, the South African media group, is amending and extending a $2.25bn five year loan led by Barclays and Citi, having issued its largest ever bond for $1.2bn in the summer.

Croatian state-owned power company Hrvatska Electroprivreda (Hep) has bought back over 80% of its debut dollar deal, and on Monday morning opened books on a new transaction to fund the purchase.

Arab Petroleum Investments Corp (Apicorp) is aiming to price the first dollar benchmark out of the Middle East in over a month, amid rising fears about the affect the low oil price is having on liquidity in the region's bond market.

Noble Group has wrapped up a new $1.1bn borrowing, making a comeback to the loan market just six months after completing a larger syndication.

China Reinsurance priced Hong Kong’s third largest IPO of the year at the top of the range to raise HK$15.58bn ($2.01bn), drawing an outpouring of interest from global investors. The trade has buoyed hopes among equity capital markets bankers as they seek to put a sullen summer behind them.

Coffee Day Enterprises has priced its Rp11.94bn ($183m) IPO at the top end of guidance, finding more than enough demand from investors. The deal’s success, particularly thanks to interest from institutional accounts, has paved the way for the next big Indian listing as InterGlobe Aviation gets ready to take off.

Sino-Singapore Tianjin Eco-city (SSTEC) and Rizal Commercial Banking Corp are both eyeing the offshore bond market, with the issuers hiring banks for their respective offerings.