Bank of America

The spate of very large and strategic block trades has continued this week, with sales of stock in Accor, Dassault Aviation, the London Stock Exchange and Havas, totalling an expected €5.2bn.

German IT company SAP has completed the long term financing for its acquisition of Concur, the US expenses software firm, with a €1.75bn floating and fixed rate bond.

A German agency looks set to be the only SSA issuer to test demand in dollars this week, after mandating banks on Wednesday for a five year deal.

German online directories and listings company Scout24 set out price guidance on a €400m add-on loan on Tuesday, pushing leverage up after a stellar year’s performance.

Akbank paid 12.5bp NIP for a rare 10 year senior bond from a Turkish bank on Tuesday, the bank’s second appearance in the international market this year.

Citi has hired Catherine Cai from Bank of Merrill Lynch to take charge of its investment banking business in China.

Export-Import Bank of India (India Exim) hit the market with a landmark transaction on March 24, raising $500m with the country’s first dollar-denominated green bond.

Aabar Investments, the Abu Dhabi investment group, raised €2bn with its second exchangeable bond on Tuesday, to repay a €1.25bn exchangeable into Daimler shares it issued in 2011.

Centrica, the UK energy company, is to launch its first hybrid bond, and has hired banks to arrange a four day roadshow for a the deal, set to be in sterling and euros.

Veolia Environnement, the French water and waste management company, has announced a global investor call for a new bond issue as it tenders for three existing notes.

Akbank has returned to market with a 10 year $500m no grow, its second dollar offering of the year and its second instalment of a $1bn refinancing.

Inox Wind has raised Rp10.40bn ($166m) by pricing its IPO at the top of guidance, as investors piled in and showed no sensitivity to the Indian stock and its valuation.