Barclays

Gates Global, the US power transmission belt maker, rescheduled commitments for a euro term loan add-on to Thursday, after increasing it by nearly €200m from around €275m. The move came in a week when JP Morgan analysts and others voiced concern about risks in the leveraged finance market.

Issuers from Greater China are dominating the dollar debt market, as they vie for investor attention on Thursday alongside a couple of south and southeast Asian names.

CPPIB Capital is looking to step across the Atlantic into euros, selecting four banks to roadshow its euro debut. Elsewhere, the European Financial Stability Facility (EFSF) sent out its first request for proposals for the second quarter.

Sweden made a big noise in an otherwise quiet dollar market for public sector borrowers this week as it printed the tightest priced benchmark in the currency so far this year.

Saipem, the Italian oil and gas engineering group, entered the high yield bond market on Wednesday, backed by a return to profit and rising oil prices, in a deal set to attract the company’s home crowd.

Cobham, the UK defence company, announced the pricing for its £512m rights issue on Tuesday, a day after declaring that it was being investigated by the Financial Conduct Authority for its handling of inside information around its last rights issue, in April 2016.

The Autonomous Community of Madrid has announced that it will sell its first ever sustainability bond, joining the flock of borrowers landing in the socially responsible investment (SRI) market as the first quarter of 2017 draws to a close.

Sweden is set to bring what could be the tightest SSA dollar benchmark of the year, as swap spreads in the currency moved back near their 2017 highs.

Segro, the UK real estate investment trust, successfully completed its £576m rights issue with a £16.7m rump placement on Tuesday morning.

Barclays’ head of EMEA leveraged capital markets is set to leave the bank, according to sources with knowledge of the matter.

Shares in Cobham, the troubled UK aerospace and marine technology company, fell 1.9% on Monday after it revealed that it was being investigated by the Financial Conduct Authority for its handling of inside information before its trading update in April 2016, when it announced its last rights issue.

Investment grade Chinese issuers are lowering their costs of funding in the euro bond market as the region’s liquidity improves, while the door also remains open to high yield issuers with operations in Europe, according to panellists speaking at the China DCM summit in Beijing last Thursday.