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Two Mexican borrowers are aiming to reignite Latin America primary markets next week after a volatile few days left the region’s bulging pipeline blocked, according to bankers on the deals.

Five Brazilian borrowers have tender offers underway on dollar bonds as those issuers with the cash to spare are taking advantage of rapid drops in secondary market prices.

Some European companies have begun using contracts for difference — normally more associated with retail spread betting — to hedge their industrial FX exposure, as a cheaper alternative to more conventional derivatives provided by banks, writes Dan Alderson.

Europe’s corporate bond market had won some respite from a bruising start to the week by Thursday but market participants were wary over hailing a full recovery as confusion reigned. Ross Lancaster reports.

With declining but still positive index returns this year, European high yield is a market that bankers and investors believe could produce issuance again — if only other financial markets would stop spouting bad news.

A conveyor belt of dollar benchmarks from SSAs passed quality control this week despite tough background conditions. But there are signs issuers are following those in euros by boosting concessions.

Altice, the fast-growing French cable telecoms investment group, raised €1.61bn of new capital today (Thursday October 1) with an intraday accelerated bookbuild, to finance its acquisition of Cablevision, the US cable company.

Deutsche Börse, owner of the Frankfurt Stock Exchange and Eurex, brought some calm to a frazzled bond market on Thursday, with what market participants agreed was a successful issue.

Equity capital market bankers refused to embrace the growing sense of doom in global financial markets this week, as they fought on to get deals done, writes Olivier Holmey.

Hewlett-Packard ensured a memorable end to the third quarter as it printed one of the biggest deals of the year but paid a hefty new issue concession as it re-opened the dollar market after a tumultuous start to the week.

The euro market’s strength over dollars is impelling public sector borrowers to line up the currency for rare or even debut visits — and there are strong signs this opportunity could last longer than earlier windows.

The European Union’s history is littered with rule breaking in the name of self-interest, and now its much heralded Banking Union is under threat from the same forces.