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Bankers don’t expect margins for investment grade loans in southern Europe to change in the near future, although leverage deals in Italy, Spain and Portugal could widen.

South Africa’s Investec Bank has completed a $200m new money term loan, in its second deal of the year after a $400m refinancing in February.

Despite the mounting uncertainty over the future of the euro and Greece’s membership of it, US markets have so far taken the weekend’s Greek referendum result in their stride.

Vistra, the European corporate and fund services provider, has been marketing a $700m acquisition loan in New York and London, despite uncertain levfin markets.

European financials have seen their credit risk nearly double since March, steered by the prospect of less government aid for banks and the ongoing Greek crisis.

Europe's corporate bond market went without a new issue this week, as issuers were once more forced to wait for an end to Greece’s protracted negotiations with its creditors. However, the market remains open for issuance at the right price, bankers said.

Hutchison — Cavotec — Finmeccanica — KLM — Elecnor

This year has already proven to be a record one in terms of Chinese issuers taking advantage of the low yielding environment in Europe. But a pair of landmark trades over the past two weeks could drive issuance to scale even greater heights this year, writes Rev Hui.

A W240.4bn ($212m) accelerated bookbuild in Korean Air Lines collapsed on July 8 after investors baulked at buying shares as the worst rout in China’s domestic stock market in years spilled over into the rest of Asia.

A pair of public sector borrowers were able to place larger than planned dollar benchmarks on Thursday.

The global sukuk market is heading for a correction in 2015, with total supply dropping between 40%-50%, according to Standard & Poor’s. But its claim of a stalling sukuk market overlooks thriving international benchmark issuance.

Poland has mandated four banks for a bond in euros or dollars.