BNP Paribas

Imerys, the French industrial minerals supplier, tapped its 2.5% November 2020 bond for €100m ($124.34) and issued a new €500m 10 year on Wednesday.

China’s largest nuclear power producer, CGN Power, has priced its IPO at the top of its range to raise HK$24.5bn ($3.2bn), thanks to overwhelming demand from institutional and retail investors. But final allocations have proved a challenge, with some bankers complaining about the lack of transparency.

Imerys, the French industrial minerals supplier, has mandated six banks for a tap of its 2.5% November 2020 bond and a new 10 year benchmark issue.

Publicis, the French advertising and PR firm, has mandated BNP Paribas and Citi to arrange a roadshow on Friday for a possible euro bond. The proceeds will be used as part of the funding for Publicis’s $3.7bn all cash acquisition of US company Sapient, announced on November 3.

Spie, the French engineering and communications firm, gave price guidance for its €911m loan at a London bank meeting on Monday.

Heavy demand for Unitymedia's €785m bond issue on Tuesday turned it into a €1bn and $550m offer that still left some investors wanting more.

Syndication for the $3.2bn portion of Tata Steel’s $5.6bn borrowing has seen about 13 banks join with nearly $940m in commitments, said a banker. Allocations for the deal are due to be out soon.

CGN Power has closed books a day earlier than scheduled after seeing massive oversubscription for its HK24.52bn ($3.16bn) IPO, with pricing now likely to be done overnight.

The Spanish insurance company Mapfre is near to completion on a loan refinancing deal with 11 banks.

Merck KGaA, the Darmstadt-based pharmaceutical company, has mandated banks for a hybrid bond issue, as part of the refinancing of loans for its $17bn (€13bn) acquisition of Sigma-Aldrich, the US life sciences and high tech materials group.

The Angel Trains Group, a UK rolling stock leasing company, signed a refinancing loan totalling £1.16bn on Friday. The loan comprises £125m of junior bank debt and just over £1bn of senior bank debt.

Bankers in the Schuldschein market are expecting up to another €1bn of issuance this year after United Internet brought a whopper €600m loan, alongside a run of other large deals in 2014 from issuers such as Fresenius, Axel Springer, B Braun and Fraport.