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Latin America’s new issue pipeline is filling up heading into June, with four companies evaluating new bonds.

The International Swaps and Derivatives Association’s determinations committee was due to meet on Thursday evening to decide whether credit default swaps referencing Grohe, the German bathroom fittings maker, had been triggered by the insolvency of a subsidiary.

Aircraft manufacturer Embraer this week became the fifth Brazilian borrower to mandate banks for an international bond issue in the month since Petrobras filed its delayed audited financials, provoking a rally in the country’s credit markets.

Equity and bond investors are braced for the revelation — expected as early as June — of European regulations that are likely to force the unbundling of payment for research.

Sellside and buyside traders alike have lauded initiatives to save credit default swap liquidity, following a collapse of volumes and an exodus of market makers from banks in London.

Hopes are high among SSA bankers that execution risk in euros is set to fall. But issuers still took a cautious approach to deals this week.

A new UK agency is keen to bring a variety of types of instruments to the market, but foreign currency deals will be off the table for the foreseeable future.

Violent swings in European rates were clearly fresh in investors’ minds this week as their demand for floating rate notes drew another five banks into the primary market.

Banks looking to print euro debt before the summer break will have to pay high new issue premiums, bankers said this week, as volatility and a packed pipeline give investors the upper hand.

Dell, the US personal computer maker, has launched a repricing of $3.6bn of loans to cut margins and bring documentation into line with more bond-like market standards.

DVB Bank and Bank of New Zealand took advantage of a shortage of international supply in the Swiss market to place tightly priced deals this week.

Just as the year's first round of Turkish bank refinancing has almost reached an end, Akbank has taken the market in a new direction, with a three year loan that is the first Turkish stand-alone financial deal since 2007 that is longer than a year.