Banks

Fibra Uno, the largest and most diversified real estate operator in Latin America according to Fitch, could price a new dollar deal as soon as Tuesday.

South American development bank CAF (Corporación Andina de Fomento) has raised $140m of 10 year debt via a private placement that will be used to fund education projects, GlobalCapital understands.

State-owned Argentine oil and gas company YPF became the first borrower from the country to tap international bond markets in 14 months on Monday. Yet despite a healthy reception from investors, bankers do not expect copycat trades from other Argentine issuers.

Europe's investment grade corporate bond market began the week with a hefty pack of new bond issues, as issuers were spurred on to bring deals by last week's rally and the favourable performance of past prints.

Agence Francaise de Développement was the only public sector borrower to mandate banks for a new benchmark bond on Monday, as squeezed yields cause issuers to hold off from the primary market.

Forth Ports, the port operator with headquarters in Edinburgh, is marketing prospective US private placements this week.

UniCredit’s German subsidiary, HVB, has mandated leads for the first dollar covered bond in its 150 year history reflecting a preference to avoid issuing a negative yielding euro benchmark.

Credit Suisse has published a base prospectus for its newly set up covered bond programme, suggesting it may be ready to make a formal deal announcement in the next few days.

Denmark’s Better Collective has increased the size of its bank funding, as the sports betting and gambling software developer looks to spend on acquisitions.

Switzerland’s Ameropa has signed a $600m revolving credit facility, with the privately owned agricultural business bumping up the size of its syndicated bank line and bank group.

Skandinaviska Enskilda Banken did not have to pay a new issue premium amid favourable market conditions on Monday, after offering investors the chance to buy a new preferred senior bond.

Nykredit Realkredit and Société Générale paid next to no new issue premium for their new non-preferred senior bonds on Monday, though some bankers have begun to wonder how much longer these pricing dynamics can hold.