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Deutsche Boerse revived the euro hybrid market on Thursday, selling the first such deal in the currency in three months and gathering a hefty order book in the process.

Pemira debt managers has announced the final closing of a €1.1bn direct lending fund, Permira Credit Solutions II, further increasing the weight of capital in the mid-market.

The euro market provided a mixed bag this week with Royal Bank of Canada pricing a €1.25bn five year FRN just a day after Banco Sabadell was forced to pull a four year bullet.

Socially responsible investment is one of the biggest market trends of our times in markets. It is branching out from wholesome multilateral development banks into the murkier world of emerging markets. Greater challenges will have to be overcome than ever before if SRI is to succeed here.

Once the wild west of finance, emerging markets had dodginess and defaults aplenty. Now ethical investors want socially responsible investments. But if SRI criteria are too strict there will be nothing to buy, writes Steven Gilmore.

Covered bond new issue premiums fell this week as six issuers raised a collective €5.5bn in three currencies with total demand of almost €8bn.

Amaya — Africell — Turkish Airlines — Ashtead

Bpifrance, the French public investment bank, on Wednesday evening sold an €800m block of Orange shares, in what was the largest and most aggressive accelerated bookbuild of the week so far.

The recent commodity downturn has sent LatAm corporate bond yields surging, just as the US looks set to raise interest rates.

SABMiller is set to make its debut in Australian dollars on Friday in one of only a handful of trades in the currency by an international corporate this year.

World Bank reopened the Kauri market on Thursday with a tap of a 4.625% October 2021 line.

A quartet of supranationals have spotted opportunities in Australasian currencies, despite turmoil in the Chinese stock market restricting involvement from the dominant investor base in Asia. But supply of public sector debt down under could drop next week given a smaller issuance window, said bankers.