UK

Shares in IG Design Group, the UK maker of stationery products and gift packaging, rose 5.7% on Tuesday after the company announced its takeover of Impact Innovations, a US-based supplier of gift wrapping, which it revealed early in the morning alongside a share sale to fund the transaction.

Royal Bank of Scotland was selling a new senior deal from its holding company on Tuesday, following a similar deal from Barclays, which struggled to find a great deal of momentum in its order books.

Goldman Sachs said on Wednesday that it had signed a sale and leaseback agreement with Korea’s National Pension Service on its new European headquarters, under construction around the corner from the bank’s existing London offices on Fleet Street.

The UK’s preparations for a no-deal Brexit published this week include a proposal to strip away preferential capital treatment for EU27 exposures — meaning a hit to UK bank capital ratios at the worst time imaginable.

Cable company Comcast has given Sky shareholders longer to respond to its debt funded acquisition offer, after a negligible acceptance rate at the original deadline.

BMW and Daimler reopened Europe's corporate bond market on Thursday in emphatic style, reminiscent of the market's usual reopenings after Christmas, when car companies often take the lead. Such a clear and classical restart to issuance, this early in August, is unusual.

Energy group Arensis has secured funding for new facilities in the UK from Hadrian’s Wall Capital. Recent fundraising in the private debt market suggests there is high demand for new deals.

Chicago Mercantile Exchange (CME) Group on Wednesday said that it would launch two new interest rate futures referencing the sterling overnight index average (Sonia) on October 1.

There is little demand for another public sector issue referenced to Sonia, the preferred alternative to sterling Libor, in the wake of the European Investment Bank's successful deal in June, a senior SSA portfolio manager said this week.

The UK and Italy are potential flashpoints in a European credit market where political fragmentation is the biggest internal risk, Standard & Poor’s warned on Tuesday. Continued low interest rates will be crucial to companies staying in good financial health.

International Finance Corporation printed a record size for its seven year on Tuesday, with huge backing from bank treasuries, despite the trade offering no new issue concession.

Future plc, the UK magazine publisher, has raised £105m to finance its acquisition of Purch, the US science and technology magazine publisher, after its three for four rights issue finished 92.2% subscribed on Tuesday.