Barclays

Borrowers' continued confidence in the leveraged loans market is affecting deal structure, with private healthcare operators Générale de Santé and Quirón structuring their respective €1.1bn and €2.15bn deals to target term loan ‘B’s to banks, who usually prefer the amortising payments of term loan ‘A’s.

IReit Global, a real estate investment trust containing German office assets, opened books for its S$372m ($299m) Singapore IPO on July 17. If successful, IReit will be the first European-focused trust to go public in Singapore.

Technology services company Rolta India announced its second dollar bond on Wednesday afternoon opting to open books to US investors first. After receiving $1.25bn in bids during US market hours, dealers have now revised initial guidance for the five year non call three to the 9.25% area on Thursday morning.

German insurer Talanx appeared out of the blue on Wednesday in the senior market, to take advantage of improved sentiment and settling spreads with a £500m no-grow 12 year bond.

Barclays launched on the NASDAQ Stock Market in New York Tuesday an exchange-traded note that will track the Barclays Inverse US Treasury Futures Composite Index.

Deutsche Bahn, the German state-owned railway company, launched an innovative bond today: the first floating rate note it had ever issued in a public, syndicated form.

Ghana's national cocoa board Cocobod is garnering interest from banks new to its lending group as the Friday response deadline approaches for its $1.6bn annual pre-export finance facility.

Paper and packaging company Mondi has signed a deal to extend the maturity of a €750m revolving credit facility from 2016 to 2019.

Générale de Santé, the French private healthcare group, has announced price guidance and covenant terms on the €1.75bn of loans backing its takeover by Ramsay Santé.

The telecoms arm of Spanish gas utilities group Gas Natural Fenosa has issued price guidance on a €295m term loan ‘B’ to back its buyout by Cinven.

The Bank of England’s Financial Policy Committee said additional tier one (AT1) debt may be an "inappropriate" means of meeting leverage ratio requirements, in a paper published on Friday in which the FPC also said it could consider completely barring banks from using AT1 in the leverage ratio calculation.

Greenko Dutch, a subsidiary of Greenko Group, a key player in the Indian green energy sector, is looking to issue a Reg S/144A dollar bond. If successful, the deal will be the borrower’s first in international markets and comes on the back of a favourable government budget for India’s fledgling renewable energy sector.