BNP Paribas

French investment company Wendel sold a €500m 12 year bond on Friday, having increased the deal in response to strong demand and favourable pricing.

GTech, the Italian gambling equipment maker, completed an €800m term loan on Friday last week, the day before Standard & Poor’s and Moody’s downgraded it to junk.

Indonesian oil and gas company Pertamina, which is in the market for $1.8bn five year loan, has received $380m in commitments in general. Bankers on the deal said they expect to close soon with allocations likely to be out in the next couple of weeks.

The regulatory tide has turned, and banks are no longer trusted to assess their own capital needs. The Basel Committee’s latest proposals on bank disclosure, published on Wednesday, would add detailed information on internal modelling to existing bank reporting.

Syndication for Dutch grain trader Nidera’s $800m revolving credit facility will close on February 17, according to a banker on the deal.

Elis, the French workwear laundry company owned by Eurazeo, on Wednesday launched its initial public offering in Paris, as it hopes to raise €750m to reduce its debt levels.

European investment grade syndicated lending last year reached its highest volume since 2007, at $716.9bn, according to Dealogic data. More mergers and acquisitions are needed to maintain such high volumes in 2015, bankers agree, and QE could be a driving force for M&A.

Sarens Group, a Belgian heavy lifting specialist, priced its debut bond issue on Tuesday 25bp tighter than guidance, after almost doubling its size.

BNP Paribas has placed several senior syndicate and DCM bankers — all involved in the firm's SSA business — at risk, GlobalCapital understands.

Carrefour, the French supermarket chain, found strong investor demand for a €750m 10.3 year bond on Tuesday, when it became one of the first European companies to issue bonds after anti-austerity party Syriza’s victory in the Greek general election on Sunday.

Caisse d'Amortissement De La Dette Sociale has set guidance and opened books on its debut offshore renminbi deal, which could be priced as early as Wednesday.

Despite a strong backdrop for issuance this week few SSAs are willing to bring benchmark deals in euros, as issuers wait until the full effect of the European Central Bank’s quantitative easing announcement last week plays out. Meanwhile, the next meeting of the US Federal Reserve’s Federal Open Market Committee and a winter storm approaching New York are limiting dollar issuance windows.