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GlobalCapital caught up with Nigel Houghton of the Loan Market Association to discuss the real depth of Europe’s secondary loan market and leveraged loans’ competitive advantage over high yield.

Dutch insurer NN Group enjoyed a favourable reception for its debut senior print on Wednesday, shaking off any concerns about a weaker secondary market to attract a comfortable oversubscription.

Central bank domination of financial markets entered another level this week with the commencement of full QE in Europe. There is little to suggest the spread compression it has caused across asset classes will continue.

National Bank of Abu Dhabi is lining up to issue its debut Basel III tier one bond after receiving approval at its general assembly meeting on Tuesday.

Malaysia’s Petronas opened books on its first international sukuk in almost six years on Wednesday, as part of a colossal four tranche transaction that could upend the Islamic bond league table.

Azerbaijan’s AccessBank is in the market to refinance a loan that it signed last year, among a run of returning borrowers from the country.

Five months after South Korea saw its first locally issued and listed renminbi-denominated bond, HNA Group (International) Company (HNA International) has become the first corporate issuer in that market.

"High yield is back," declared Bank of America Merrill Lynch's research team on Wednesday, as European inflows reached their highest level for 84 weeks.

Egypt is looking to raise $1.5bn with a new benchmark Eurobond but may increase the deal by $500m, a representative from the country's finance ministry told Global Capital Emerging Markets.

Three Turkish banks returning to the market to refinance loans will copy recent moves by Akbank and Ziraat Bankasi and introduce 367 day tranches alongside 364 day facilities.

The State Oil Company of the Azerbaijan Republic (Socar) has released price guidance for a 15 year benchmark dollar bond, having completed its roadshow on Tuesday.

After a patchy start to the year for London listings, books for the IPOs of Aldermore and Auto Trader suggest renewed interest for UK names.