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A managing director covering infrastructure has left UBS's corporate debt capital markets team. The bank's reluctance to lend may have limited its infrastructure finance business compared with firms that deploy more balance sheet.

Companies are increasingly relying on accelerated share repurchases (ASRs) as alternatives or complements to traditional corporate share buyback schemes.

The Association for Financial Markets in Europe’s high yield division has written to the European Commission, calling for a major reform of insolvency legislation as part of its drive for Capital Markets Union.

A Washington supranational is said to be considering a dollar benchmark this week, before a series of expected deals in the currency next week.

Turk Eximbank, Turkey’s export credit agency, has agreed a €250m 10 year loan with banks, backed by the World Bank’s Multilateral Investment Guarantee Agency (MIGA).

German plastic film maker Kloeckner Pentaplast has launched an €831m-equivalent loan in dollars and euros to refinance debt and pay a dividend.

Aircraft leasing company AerCap has refinanced a $1.1bn term loan facility after American International Group announced plans to sell its stake in the company.

Siaci Saint Honoré, the French insurance broker, hopes to tighten pricing on a €285m acquisition loan and then allocate the facility by Thursday.

A promise by the Greek government to honour an imminent debt helped tighten periphery eurozone spreads on Tuesday before a series of auctions — including one where Spain followed Ireland into negative yields.

Volkswagen issued €500m of 2.5 year floating rate notes and €750m of 6.5 year fixed rate bonds into an improving corporate bond market on Tuesday.

Moroccan phosphate group OCP has mandated banks for a series of investor meetings for a 144A Reg S dollar bond.

After a late rush from several sovereign borrowers, CEEMEA international bond volumes finished the first quarter of the year at $32bn from 44 deals, almost on par with Q1 2014s $34.7bn via 39 deals.