BNP Paribas

Dutch shop focused property firm Vastned raised €110m through a 2019 convertible bond on Thursday, bringing yet more supply from the real estate sector but pricing its deal tightly in a market otherwise starved of paper.

China’s Dongfeng Motor Corp, which said in February that it was acquiring a 14% stake in French company Peugeot Citroën, has signed a €830m ($1.14bn) club loan to fund the acquisition, according to bankers.

More details about Monier’s €415m high yield bond offering have emerged. The French maker of roofing materials will meet investors until Wednesday, April 9, to market the bond, which, together with €250m of loans, will replace its previous capital structure before a potential initial public offering.

NordLB launched a dollar denominated 10 year tier two bullet, capping off a week of mostly subordinated FIG issuance, after two senior-heavy weeks.

NordLB is out with a dollar-denominated 10 year Tier Two bullet, capping off a week of mostly subordinated FIG issuance, after two senior-heavy weeks.

Tullow Oil, the UK company that explores for oil in Africa, is planning to price a $500m high yield bond on Thursday.

Investors are sinking their teeth into subordinated FIG debt this week, with insurance company NN Group and BBVA both bringing in big books for their deals.

Bond investors showed no sign of losing faith in Mexico’s reform programme as the sovereign attracted 413 investors to Tuesday’s €2bn dual tranche bond issue - more than Mexico had had in any international bond before.

Shinhan Bank printed a $500m three year bond Wednesday night as a warm response from US investors helped the issuer to price tight to its comparables.

Kering, the French luxury goods group that used to be called PPR, printed its first bond of the year — a 10 year semi-private placement — on Monday.

Wal-Mart, the US hypermarket group, launched its second ever bond in euros today, raising €1.5bn. The deal showed that the euro market still has capacity for big drive-by transactions, despite the heavy issuance recently, culminating in last week’s all time record issuance of €18.5bn.

The United Mexican States launched seven and 15 year euro bonds on Tuesday and received almost €7bn of orders.