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The competition in the investment grade loan market this week was merciless, as Santander was announced as the third and final lender in IAG’s €1.4bn loan to buy Aer Lingus.

Constantia —Nokia — BB Energy — Ferrero — Kernel

Daimler has made a rare appearance in Norwegian kroner, taking advantage of the recent rise in yields to launch its first bond in the currency for over a year.

Turkey has opened the gates for its second stream of annual bank refinancings, just as the year’s first wave is ending, with Akbank back in the market for a loan.

Constantia Flexibles has become the second borrower to pull a repricing from the leveraged loan market this week, as investors call time on the surge of such deals.

Italy auctioned 10 and 30 year inflation linked debt on Thursday as talks between Greece and its creditors intensified.

Deutsche Wohnen, the German property company, mandated banks on Thursday for a roadshow to market the possible sale of its first non-convertible bonds.

British Airways has completed refinancing $1.25bn of credit facilities and has increased the loans to $1.75bn.

Orion Engineered Carbons, the German carbon black producer, is seeking a margin cut on a leveraged loan, just as the market's repricing wave appears to be ending.

China SCE Property Holdings has returned to the dollar bond market, raising $350m from a five year non-call three deal that saw yield-hungry investors clamouring to jump on board.

Bank of Chongqing has bagged HK$6.2bn ($799.8m) from issuing 810m new H-shares to five placees, as the Hong Kong-listed commercial lender seeks to replenish its capital base.

Several indicators from the options market show that investors continue to pay above average levels for market protection this year, suggesting that volatility-based hedges may prove more cost effective as the persistent bid causes options to retain more of their value.