BNP Paribas

The Bank of Bahrain and Kuwait has mandated three banks to arrange a Reg S dollar benchmark bond after a five year absence from the market.

Millicom International Cellular has released price guidance for a $500m 10 year non-call five note at 6.25% yield area.

Barbara Rippa has joined BNP Paribas to work on their northern European corporate DCM desk in London. She started in February, having previously worked on Itaú BBA’s emerging market debt syndicate desk for two years.

Caisse des Dépots et Consignations is taking indications of interest on its first sterling syndication in nine months.

Italian telecom company Wind Telecomunicazioni cut down the initial size of the loan portion of a refinancing to €700m, and upped its bond offering.

Faurecia, the French car parts maker, said on Monday it wanted to issue€500m of bonds to redeem a note due 2019, in a market that has already seen refinancing issuers achieve substantial price cuts.

UK theme parks group Merlin Entertainments on Wednesday priced its debut bond of €500m notes to yield 2.75%, the smallest printed this year in the European high yield.

Euro covered bond issuers launched benchmarks this week and showed the unrelenting momentum in the compression of spreads has continued unabated.

Michigan-headquartered Whirlpool, which makes kitchen and bathroom appliances, issued a €500m five year bond on Thursday.

Survitec, the UK survival equipment provider, allocated its £250m acquisition loan late last Friday (February 27), reverse flexing to more borrower-friendly terms for the second time.

Emirates NBD has mandated six banks for a European roadshow starting next week, bringing hope that the bank will print a breakthrough euro trade.

Campofrio Food Group, the Spanish processed meat producer, priced its €500m bond a day early on Tuesday at 3.375%, in an eager high yield market.