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Busy Bee, the UK nursery and early education provider for under-fives, held a bank meeting on Wednesday to market its £210m term loan ‘B’.

Strong demand from supply starved domestic investors enabled Swiss corporates SGS and Limmat Valley Hospital Association to maximise size on new deals this week.

While the public sector bond market in euros faces uncertainty, dollars is providing borrowers with a haven for issuance.

Transport for London will look to price its first ever socially responsible bond today (Friday) following themed deals from a trio of European SSA names earlier in the week.

Spreads on US corporate credit default swaps are tightening as credit conditions have generally improved or plateaued, motivating investors to seek higher yield.

Hopes for new Nigerian loans are growing after the country’s election, with bankers optimistic that deals for banks and oil and gas companies could arrive soon.

Investors typically associate volatility with large price swings, adverse risks and expensive option premiums. Lately, we have seen some notable price movement, but not to the downside, and some expensive option prices, but not as a result of any particular fear.

Commonwealth Bank of Australia highlighted European sub debt investors’ growing ease with unusual structures this week, selling a chunky tier two bond with contractual point of non-viability language and an equity conversion component, writes Nathan Collins.

JP Morgan and Goldman Sachs followed in the footsteps of European banks by tapping the dollar market for tier one capital this week, exploiting investors’ thirst for yield.

Leveraged loan supply is set to chug along at low levels through the second quarter, yet despite such paucity of product buyside, discipline is holding firm.

After a quiet start to European block trade activity in the week after Easter, deals began in earnest this week, with five substantial selldowns of companies floated in the past two years, and then a €198m trade in Abertis on Thursday evening.

The US corporate high grade market barely registered a flicker of activity as first quarter earnings blackout kept borrowers on the sidelines.