RBC Capital Markets

National Australia Bank packed $3.5bn of funding into a multi-tranche deal on Wednesday, taking advantage of strong demand and a heightened risk appetite among US investors.

Last year’s difficult dollar conditions looked firmly in the past on Tuesday as a pair of issuers tapped different parts of the curve for big deals — and other issuers readied themselves for trades.

A pair of SSA heavyweights are limbering up for the first public sector dollar benchmarks since the US Federal Reserve raised rates late in 2015 — and plenty more could follow ahead of the next Fed conflab.

The GlobalCapital editorial team has picked what it believes to be the standout bond issues of 2015 across the corporate, public sector, financial institution and emerging market bond markets. Below are the Corporate Deals of the Year 2015. We selected the trades that we think will be remembered for their success in challenging conditions, for making the best use of the demand available to them, or for having made a longer lasting impact, such as the re-opening of a market. The winners are presented here.

American Honda Finance visited the sterling bond market for a £250m seven year deal on Monday, in the same week that Total and Daimler also raised short dated sterling bonds.

Daimler has tapped the sterling bond market for a £250m six year trade, the latest in a steady line of names from the auto sector to do so in a maturity below the market's preference.

UK construction company Balfour Beatty has nearly halved the size of its revolving credit facility in a £400m refinancing deal.

Total SA, the French oil company, made its second foray of the year into the sterling bond market on Monday, with a £150m tap of its previous bond in the currency.

Entertainment One, the FTSE 250 UK media company, priced £285m of senior secured notes at the tight end of price talk on Friday (December 4), after finishing a five day roadshow.

Nestlé made a grab for sterling on Tuesday, issuing a five year benchmark bond that brought in orders from outside the UK.

Dümmen Orange, the Dutch flower breeder, has allocated its acquisition loans in an early bird syndication. The facilities are for BC Partners’ buyout of the firm from H2 Equity Partners and the Dümmen family.

RBC Capital Markets came through a difficult start to the fourth quarter to drive strong profit growth in its capital markets division.