Banks

The last public covered bond before before the summer lull was issued earlier this year than in any of the last 15

The German pharmaceutical wholesaler was upgraded to BBB- by S&P last month

Investors welcome chance to diversify portfolios

Company will use the proceeds to part-fund its £218m acquisition of 50% stake in Manchester Arndale shopping centre

UK follow-ons bring a secondary employee selldown and an increased primary capital raise

Two top covered analysts have said Luminor covered bonds will continue to be issued under Estonian law if the deal completes

Oil major attracts 20 banks to two year loan underwritten by BNP Paribas and Société Générale

◆ Strong local demand shows eagerness to buy Aussie covereds at new, tighter levels ◆ RBC prices in line with CIBC's reopener of dormant sector ◆ Onshore demand seen supporting issuance up to five years

Frédéric Despagne will also lead equity and derivatives sales across EMEA

Average concessions for unsecured bonds in euros jump to 16 month high

Zafar Khan and Andrew Tusa join as UK country head and vice-chair of UK advisory and financing solutions, respectively

The syndication is among the Dutch development bank's largest in the region and attracted Middle East lenders