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High grade borrowers are set to pull the trigger on a slew of refinancings and M&A deals after the Federal Reserve took a big step closer to its first interest rate rise since 2006 following the conclusion of a two day meeting in Washington on June 17.

Swedish Export Credit Corp brought a debut green bond that was greeted with decent demand despite volatility in government bonds.

A supranational issuer is considering bringing a sukuk later this year, which would be its first issuance in the format for nearly six years.

Mauser, the German industrial packaging group, has won near-unanimous acceptance for its amendment exercise on a $1.6bn leveraged loan, originally closed last July to back its buyout by Clayton, Dubilier & Rice.

Comments from US Federal Reserve chair Janet Yellen this week have fuelled expectations of a rate rise this year — but dollars should remain more attractive for issuance than euros.

A default by Greece would shut the European high yield market — but not for long, market participants agree. And some of them say the market could cope better with that sudden shock than with endless uncertainty.

Two more European banks lined up to tap the Japanese market this week in the wake of Lloyds Bank’s successful Samurai return last Friday.

TI Automotive, the UK car parts maker being bought by Bain Capital, rushed from Monday’s London bank meeting to New York to build support for a €1.07bn-equivalent acquisition loan. Bonds will follow later.

This year’s protracted Nigerian loan drought could soon be over, say officials, with the first deals in a wave of bank refinancings likely to come within three weeks.

M7 — Mercuria — Mærsk — Falck Renewables — Ballast Nedam — Egyptian Fajr — Acıbadem

Douglas Holding, the German perfumery chain, enlivened the leveraged loan market this week, launching a €1bn deal that will contribute to its buyout by CVC.

The European primary FIG market was shut this week thanks to the Greek debt saga. While market participants struggled to predict the impact of an escalating crisis, they agreed that deal flow would stay slow going into summer.