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The article reports on the decision of U.S. investors European banks' commercial paper (CP) to limit their exposures by rolling into shorter dated paper or reducing the amounts they hold. It is said that the U.S. money market funds believe that a Greek default is imminent. Chris Conetta of Barclays Capital stresses that fund managers give more importance to their shareholders' perception of their investments than the actual credit-worthiness of those investments.

Reports on the signing of a Euro medium term note (EuroMTN) programme by Piraeus Bank arranged through Deutsche Bank, which will complement Piraeus Bank's existing Euro commercial paper programme. Program rating by Moody's and Standard & Poor's; Plan of Emporiki Bank to launch a EuroMTN programme; Factors that affect the participation of Greek issuers in the EuroMTN market.

The article reports on the latest developments in the European financial markets as of early November 2011. It cites the move by Greek prime minister George Papandreou to cancel his plan to conduct a referendum on Greece's eurozone membership. It presents the latest developments on the European Financial Stability Facility's (EFSF) proposed three billion euro fundraising for Ireland.

The article provides an overview of the European sovereign crisis in 2009, with Greece placed at the centre of global attention. The escalation to near panic was attributed to default concerns, departure from the single currency and collapse of the euro itself. Some reassurance were given to the financial markets with the creation of the European Financial Stability Facility and the 110 billion euros rescue package given to Greece by the European Union and the International Monetary Fund (IMF).

The article presents a discussion about the possible impact of government guaranteed bonds redemptions and the effect of bail-ins on senior unsecured bond markets. The investor base of the senior unsecured bank debt has changed following the global financial crisis. The market deteriorated in the early part of 2010 as investors got concerned with debt metrics in Greece and other European nations. Bail-in is a concept under which the need for government to rescue troubled institutions is reduced.

Reports on syndicated loan deals launched in Western Europe as of February 18, 1999. The mandate won by Bayerische Landesbank to arrange a facility for French property firm Unibail; Facility backing Metalgesellschaft's purchase of GEA; Value and structure of the facility for Greece's Bank of Attica.

The article reports on the latest developments in the senior financial institutions group (FIG) market as of November 2011. The expected revival in the market was quelled by the volatility in the European market and the cancellation of plans for a Greek referendum on eurozone membership. The opinion of Société Générale credit strategist Suki Mann on the market is also cited.

The article looks at a prediction that the growth of floating rate note (FRN) issuance in the European high yield market will be hampered by a surge in leveraged loan borrowing. Victor Gordillo of Credit Suisse says the launch of 16 leveraged loan deals launched in June 2011 has enabled collateralized loan obligation (CLO) managers to choose what they want to invest in. It is said that interest in leveraged loan deals has increased due to fear of a Greek government default.

The author comments on bail-outs for countries involved in the European financial crisis and how they contribute to more debt for the sovereigns. He emphasizes that the bail-outs under the 750 billion euro European Union (EU)/International Monetary Fund (IMF) package would only add to the countries' indebtedness and would have to be repaid. Information is presented on the schedule of the EU/IMF debt repayments of Greece. He describes the implications of the outstanding Greek debt on Greek bonds and financial markets.

This article focuses on the success of the peripheral sovereigns of Southern Europe in accessing the international capital markets despite strong opinion by market observers against their prospect. It notes that Southern European sovereigns' deteriorating finances, widening spread levels and credit downgrades have made them less attractive place for investment. However, the region was able to attract buyers of their bond issues. Countries such as Portugal, Italy, Greece, Spain and Ireland were able to raise €59.4 billion in the capital markets.