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Bain Capital-owned Wittur, the German lift components producer, has alerted lenders that a financing package backing its merger with Sematic is on the way.

The Bank of Scotland has become the first bank to not win approval to switch some of its covered bonds from a hard to a soft bullet repayment.

Export-Import Bank of Korea (Kexim) launched its largest ever Kangaroo this week, while a trio of rare SSAs tapped the Kanga long end. And more deals in the long dated part of the curve are on the way, say niche currency bankers.

Schools and educational institutions are far from a traditional constituent of the bond market, but UK bankers have identified a growing pool of demand for this unusual asset class — epitomised by Eton College’s bond market debut this week.

With China’s devaluation having brought rising uncertainty across global markets, volatility measures for many options on exchange traded funds have not kept pace with those that reference their underlying securities.

It has been a busy week for Markit’s expansion plans, with the company agreeing to buy CoreOne Technologies and launching an FX trade confirmation service.

The middle of August is an acceptable time to be quiet if you are a leveraged loan banker or investor, but as dealflow dwindles, many are reflecting on a disappointing year.

Côte Restaurants, the UK chain of French-styled restaurants being bought out by BC Partners, has avoided general syndication and allocated a £138m leveraged loan with early bird lenders.

The Dutch mortgage market, one of the largest in Europe, could be poised for radical transformation that stands to change the way loans are originated and funded. Bill Thornhill reports.

The shift towards centrally clearing derivatives has contributed to a decline in the total amount of collateral supporting non-cleared derivatives transactions, according to the latest International Swaps and Derivatives Association (ISDA) Margin Survey, with cleared transactions gaining from the swing.

A report by Scope Ratings argues that the German corporate Schuldschein market is more heavily populated with high yield issuers than has previously been acknowledged.

There aren’t many corporate insolvencies that would make a good movie. But any scriptwriters out there wanting to emulate the success of the Enron film should read our coverage of Afren this week.