Banks

Société Générale has appointed a new head of debt capital markets for central and eastern Europe, the Middle East and Africa, to replace Cécile Camilli.

The Norwegian krone bond market is about to get a spurt of corporate deals. Liquid chemical storage company Stolt-Nielsen and energy group Eidsiva Energi have mandated banks to lead bond issues in their domestic currency.

Anglo Pacific Group, the London-listed, mining resources royalty company, has amended and extended its dollar revolving credit facility, which has now tripled in the last few years.

Development Bank of Kazakhstan (DBK) is embarking on a roadshow to market a tenge-denominated Eurobond.

The Republic of Ghana is visiting investors in the US and London with a plan to print a dollar benchmark. But the delegation’s rumoured size has led to surprises before the meetings have started.

The cost of insuring against default on Italian bank bonds has fallen to its lowest point in over a year, after investors embraced the result of recent regional elections in the country.

Low yields have driven financial institution bond investors to put money into higher yielding instruments. The latest wheeze is insurance companies' restricted tier one (RT1) bonds, which investors think offer value. Issuance is set to rise as issuers look to replace grandfathered products.

Turkey's Vakifbank has released initial price guidance for a dollar benchmark, with the intention of printing the deal later on Wednesday.

Shane Edwards, former global head of solutions and structuring and global head of equity derivatives at UBS, has joined Diginex, a digital asset firm.

Kristina Church has moved from Barclays to Lombard Odier Investment Managers as a senior investment strategist for sustainable investment, as the firm seeks to grow its offering in this area.

Leveraged credit markets are powering ahead with a jam-packed issuance calendar, despite a wobble on Monday when credit indices widened a little on fears about the coronavirus epidemic. On Tuesday spreads firmed up again, though, and bankers bringing new issues have barely broken a sweat all week.

France printed a €5bn 2052 benchmark on Tuesday, opting for an aggressive pricing strategy and keeping to a more restrained size than its typical €7bn.