North America

UK utility company SSE is in the market for its first private placement since its debut in 2012 and investor appetite for the firm’s paper appears as strong as before.

A broad estimate of derivative market sentiment rebounded in March, but remains well below historical average levels.

CME Group has agreed to integrate truePTS, the post-trade business that was spun off from swap execution facility trueEX in December, into its preferred global network of regulated trade repositories.

Options traders are increasingly pricing renminbi in line with G7 foreign exchange, a trend that could boost the intensity of swings in market positioning, strategists have warned.

Markit has launched a service that allows banks to affirm over-the-counter foreign exchange trades executed by interdealer brokers.

Western Digital, the US computer data storage manufacturer, had bank meetings Wednesday in London for its $9.5bn loan package, backing its $17bn acquisition of SanDisk.

In another European healthcare M&A deal, three banks have increased their commitments in a loan which veterinary pharmaceuticals company Dechra will use for a US acquisition.

Bank of America Merrill Lynch has promoted a new head of global capital markets from its leveraged finance division.

Proposed changes to US financial adviser rules could ban options use in retirement accounts, leaving investors exposed and quashing a growing market.

In a reversal of fortunes, asset managers became net buyers across major commodities this week, responding to tightening credit spreads.

TriOptima the over-the-counter post-trade service provider, has torn up more than $750tr in notional principal outstanding contracts since it launched its compression service for OTC derivatives in 2003, the firm said on Monday.

Diebold, the US cash machine (ATM) manufacturer, had bank meetings this week for its $1.3bn term loan ‘B’, backing its $1.8bn acquisition of Wincor Nixdorf.