The European Commission is planning to conduct study comparing practices in the region's local private placement markets with practices in other regions, such as the U.S., analyze their strengths and develop policy recommendations for replicating this success more widely.
Bank of America Merrill Lynch held the top spot for traditional private placement league tables in 2014 for the 16th year running; JP Morgan held on to the number two spot, but Barclays moved up two spots to third.
New issues seem to be trickling out of the pipeline for February, quite a contrast to activity seen in recent months, but market players remain optimistic that 2014 will be a robust year for private placement deals.
Europe's Loan Market Association plans to develop a template for documents that could be used for private placements of either loans or notes.
Upsized from $400 million, the transaction is the largest the market has seen so far this year and the first of 2013 to top the $1 billion mark.