A boutique capital markets firm launched by ABN Amro alumni, Independent Debt Capital Markets, is using its niche expertise to enable mid-tier companies to access debt capital markets in new formats.

Nomura's debt capital markets team was an active bookrunner as market access for peripheral eurozone issuers was restored in the third quarter of 2012.

Tighter bank financing, falling government subsidies and rising US shale gas production are all putting the squeeze on the renewable energy industry.

European banks have given up waiting for clarity on the final form of capital regulations, and began issuing new Tier 2 hybrid bonds to strengthen their capital structures. Asian high-net-worth individuals proved a fertile source of investment, and UBS was able to combine its Asian presence and private banking expertise to exploit the opportunity.

When Natixis sought to unwind its exposure to structured credit correlation and counterparty risks, it needed an independent adviser that could combine complex valuation skills with a merger and acquisition process. Moelis fitted the bill.

A diversified payment rights securitisation for ZAO Raiffeisenbank reopened this important source of funding in Russia for the first time since the financial crisis, but joint lead manager WestLB will not be around to manage follow-up deals.

Citi’s debt capital markets team switched nimbly between reopening Russian markets when risk appetite was high and placing Gulf state sukuk when investors searched for safety.

Credit Suisse's Madrid-based FIG team's input into Bank Zachodni's all-share merger with KBC's Kredyt Bank has allowed Santander to build the market presence it wanted in Poland without putting the squeeze on its capital ratio.

After deciding that a pure high-yield deal was prohibitively expensive for UK leisure company Center Parcs, RBS helped investors get comfortable with a whole business securitisation structure that other banks were giving a wide berth.