BNP Paribas

Svenska Cellulosa Aktiebolaget, the Swedish paper, pulp and consumer goods manufacturer, issued €600m of five and 10 year bonds on Thursday.

From Tokyo to Toronto to Tel Aviv, new buyers across the globe are piling into the senior tranches of US CLOs — and more experienced triple-A investors aren’t happy about it.

Spain brought a record breaking 15 year benchmark this week that may have helped drive other eurozone sovereign yields to all-time lows.

Ivory Coast paid a lower new issue premium than expected to re-open the sub-Saharan sovereign bond market this week, sparking debate on the implications for other African borrowers.

A trio of issuers took advantage of a lack of senior supply this week to price deals with drastically reduced new issue premiums compared to January.

Svenska Cellulosa Aktiebolaget, the Swedish paper, pulp and consumer goods manufacturer, issued €600m of five and 10 year bonds on Thursday.

CRH is holding a bank meeting on Thursday with its close relationship banks to syndicate a €2.9bn loan for its acquisition of assets from Holcim and Lafarge.

BNP Paribas is understood to have filled its vacancy for head of Asia equity syndicate with an internal candidate, promoting Hong Kong-based Simon Moss for the position. He takes over from Gary Chan, who left the French bank at the end of last year.

Investors have been unwinding bearish positions on the euro following successful Greek negotiations which has led to an unexpected stabilisation of the single currency and a decrease in volatility.

Spain scored its lowest coupon and biggest deal in the 15 year part of the curve on Wednesday, as eurozone periphery sovereigns enjoyed enviable conditions.

UK survival equipment provider Survitec is aiming to allocate its £250m loan on Friday, as investors review the deal’s documentation.

Ivory Coast bagged over $4bn of orders for its new Eurobond on Tuesday, with investors taking comfort in the amortising structure which is becoming a feature of the African sovereign market.