BNP Paribas
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Eiffage, the French construction company, has refinanced €3.3bn of loans, reducing the margins by two thirds compared with what it used to pay - even though revenues are under pressure from a state toll renegotiation.
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Ivory Coast is marketing its new 12 year amortising note at 6.875%, a level that offers around a 37.5bp new issue premium.
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PPG Industries, the American paint, industrial coatings and glass company, has hired banks for a euro bond, as its existing €300m 10 year, issued in 2005, approaches maturity.
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Whirlpool, the US household appliance manufacturer, has added to the burgeoning pipeline of US corporate bonds in euros by mandating four banks for a European roadshow.
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BNP Paribas is understood to have filled its vacancy for head of Asia equity syndicate with an internal candidate, hiring 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.
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UK energy company SSE, formerly known as Scottish and Southern Energy, has mandated banks for a hybrid bond transaction with non-call six euro and non-call 5.5 year sterling tranches.
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Survitec, the UK survival equipment provider, is making changes to the term sheet on its £310m acquisition loan before completing syndication of the deal.
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TDC completed on Friday February 20 the financing for its acquisition of Norwegian cable operator Get AS with an €800m 12 year senior bond, following its €750m hybrid issue on Thursday.
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Angola has mandated banks for its next Eurobond but found its options limited as three major EM houses revealed they cannot or will not lead its deals.
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Two single-B rated sovereigns are marketing dollar benchmarks. Ivory Coast and Lebanon are likely to attract great interest in what has been a deal starved quarter.
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Danish telecommunications company TDC has put in place the first part of its long term funding for its acquisition of Norwegian cable company Get AS, with a €750m hybrid bond.
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Jaguar Land Rover, the UK car maker, issued on Thursday a £400m eight year high yield bond yielding just 3.875%, to finance a tender offer for its 2020 sterling notes.