Investors in Ukraine’s securities pushed aside fears the country might have to submit to a humiliating peace deal that would see it give up unconquered territory to Russia, with bonds and GDP-linked warrants almost touching year-highs on hope a ceasefire might see their recovery prospects improve.

JP Morgan plans to build a new UK headquarters in London's Canary Wharf financial district that will take six years to construct and house 12,000 staff, in a major boost to the city's position as Europe's leading finance hub. 

Almost US$4trn of mergers and acquisitions have been announced this year, up 41% from a year ago as the number of “megadeals” worth US$10bn or more hit an all-time high.

Bank of America has been told by global regulators to increase its capital buffer but Deutsche Bank has seen its capital buffer requirement reduced in the latest annual review of global systemically important banks, or G-SIBs.

Pressure is building on how petrochemicals company Ineos Quattro will tackle nearly €1bn of bonds and loans due in January 2027 that will become current liabilities from the beginning of 2026, with capital markets access potentially too expensive.

China Vanke's bonds slumped after the property developer said it was seeking an extension to repay its Rmb2bn (US$282.1m) bond maturing on December 15, the first time it has asked for a payment delay on an onshore bond. 

mBank became the third Polish lender in the past fortnight to access the euro market, with a deal that was more than eight times subscribed.

Arini has rapidly established itself as the most active newcomer in European CLOs, in a market bursting with debut managers, record issuance and optimism of more growth to come.

Thailand's state-owned Dhanarak Asset Development Company has made its long-awaited return to the market this month to refinance its Bt10.7bn (US$329.7m) commercial mortgage-backed securities maturing this year, ending a nearly two-decade hiatus since its last CMBS issue in 2007.

Luxembourg-based digital bank Advanzia is working on a potential debut public credit card securitisation next year, a spokesperson told IFR.

Residential mortgage-backed issuers took centre stage during the holiday-shortened week in the US structured finance market. A trio of non-QM issuers were able to price deals before market participants settled into their time off for Thanksgiving on Thursday. 

The UK government has updated its green financing framework, which covers green Gilts and retail green savings bonds, in a major overhaul that adds nuclear energy as a use of proceeds for the first time.

The corporate sector in water-related ESG debt is slowly gaining momentum after institutions including APG and Fidelity funded the inaugural blue bond from Italy. But blue benchmark issues are likely to remain a rarity in the sector, according to issuers, investors and bankers, with green bonds the main route to financing companies’ blue uses of proceeds instead.

Turkey’s Denizbank has signed a US$649m-equivalent sustainable syndicated loan, refinancing part of a US$1bn sustainable loan from November 2024.

Government Housing Bank issued a Bt10bn (US$309m) multi-tranche sustainability bond.

Bain Capital sold a chunky ¥324bn (US$2.07bn) of shares in chipmaker Kioxia Holdings on Tuesday, in Japan's largest block trade this year.

Amid the raft of measures announced in the UK's Autumn Budget was a stamp duty holiday for trading shares in companies for three years after an IPO in the UK, in another attempt by the chancellor of the exchequer to boost the appeal of London as a listing venue.

Investors were given a chance to buy into one of Saudi Arabia’s best performing IPOs of the year on Tuesday courtesy of a SR950.4m (US$253.4m) share sale in Umm Al Qura for Development and Construction by the Public Investment Fund.

Consummate dealmaker and ECM pro Bill Ackman has revived hopes of floating a closed-end fund, reportedly to be sold with an incentive to participate in the IPO of his core hedge fund Pershing Square Asset Management.

The biggest leveraged buyout loan in Australia this year has priced at the tight end of guidance, despite coming from a largely unknown sponsor, underscoring strong investor demand for new money deals.

Asda has jolted its investors with a major sale-and-leaseback deal, sparking fears of cash leakage from the business as reports suggest that proceeds could be funnelled towards paying down Walmart’s preference shares rather than cutting debt. 

As private credit has boomed over the past several years, the secondaries market for the asset class has morphed from an answer to liquidity needs into a savvy play for fund managers seeking to extend the life of desired assets.

Casino's bank lenders and term loan lenders are at loggerheads over billionaire owner Daniel Kretinsky’s fresh plans to inject €300m of equity into the French retailer and write down 43% of the outstanding debt.