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French car rental company Europcar is withdrawing its support from Team Europcar and its worldwide brand exposure. Despite this, investors remain keen on the company and its ability to retain its leadership in the European car-hire market.

New Capital had appointed John Leahy specialist UK equity fund manager to strengthen its European and equity franchise.

Portugal’s short term borrowing costs dipped back into negative territory on Wednesday for the first time since May, as the third Greek bail-out package swung into action and Ireland cancelled debt.

A Dutch agency re-opened the euro benchmark sector for SSAs on Wednesday, selling its largest bond in the currency for more than three years after opting for an intraday execution.

Repricing activity dominated the leveraged loan market in Europe in the second quarter of this year, a new study has suggested.

The dollar market for SSAs kept up this week’s sizzling form on Wednesday, as another issuer mandated for a benchmark — bringing the total for what is historically a quiet week to four deals.

While Greece may have weighed heavily on the corporate bond market in Europe in recent months, the resolution of the crisis leaves corporates in the region with plenty of positives for the rest of the year, according to Standard & Poor’s.

Warrington Borough Council has become the first UK local authority outside London to enter the bond market for more than 10 years — and more British councils could be set to come with deals.

Société Générale’s head of EMEA structured finance and loan syndication has moved to a new job within the bank and his responsibilities have been assumed by two colleagues.

Eurofima has added to a 2025 Kangaroo line and more long dated taps in Australian dollars from other issuers are expected, say niche currency bankers.

Pohjola Bank’s next capital markets issue will likely be a covered bond, meaning investors waiting for a euro tier two deal scheduled for June may have longer to wait.

Iraq is said to have awarded a bond mandate to Citi, Deutsche Bank and JP Morgan for a deal that could come as soon as the fourth quarter of this year.