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Genting Hong Kong, a cruise ship operator under financial pressure due to the pandemic, held a meeting on Monday with its bank creditors to discuss a debt restructuring plan.

Compart Systems, a high precision metal components maker, has returned to the loan market to refinance an old borrowing from 2016, which was used to support its buyout by Platinum Private Equity.

Ant Group has taken a step closer to pulling off what is expected to be the world’s largest ever share offering, submitting IPO applications in Hong Kong and Shanghai on Tuesday.

Coca-Cola Femsa, the world’s largest franchised Coca-Cola bottler, is preparing to sell a debut green bond that it says it will use to finance its transition towards low-carbon operations and minimise its exposure to environmental risks.

Kansas-based Palmer Square Capital Management has been one of the most active managers of the year, particularly in the pandemic era, with six CLOs priced in 2020. The firm, which manages $12.3bn in assets as of July 31, has specialized in static CLO issuance, and during the crisis was able to price three static deals in the US, as well as one in Europe. Chairman and CEO Chris Long spoke with GlobalCapital about the future of CLO market, the advantages of static deals in times of crisis and opportunities in Europe.

Conditions are ripe for a resurgence in high yield bond and leveraged loan issuance, and market participants expect companies to start coming to the market as early as next week, with a variety of motivations.

Political interference in central bank business is rarely a smart move, especially for emerging market countries trying to win the respect of international markets. But it’s an even more reckless endeavour in the midst of a global crisis, especially for a debt-ridden country like Zambia.

Four public sector issuers hit the dollar bond market on Tuesday, pricing deals across the curve from three to 10 years. While each was a success, bankers believe book sizes are unlikely to match their impressive levels before the summer.

The average level of excess spread in UK RMBS deals has dropped along with interest collections as government enforced payment holidays take their toll on the sector.

Any investor in a market as international and broad as the Schuldschein deserves a healthy secondary market. This is emerging, but certain market grandees are resistant. They should embrace it.

Europe’s corporate bond market is back in action this week with new deals. But it will be no picnic for investors. The market is awash with cash and new issues in the months ahead will be painfully expensive.

Daniel Hunziker has been appointed head of institutional clients at Credit Suisse (Schweiz) AG, replacing Michael Sager.