Citi

Enagás, the Spanish gas transmission and network manager, tapped the European corporate bond market’s taste for 12 year risk on Tuesday with a €750m transaction that was over four times oversubscribed.

Investors gorged themselves on McDonald’s bonds on Tuesday, as the US hamburger restaurant chain issued €2.5bn of bonds in three tranches, which were nearly six times oversubscribed.

Kuoni, the Swiss travel company, will hold bank meetings on Thursday for debt backing its buyout by private equity firm EQT, following a near three month gestation period.

The UK’s Debt Management Office sold a £4.75bn tap of its July 2065s on Tuesday as the impending referendum on the UK’s membership of the European Union showed no impact on demand.

Bank Muscat printed its $500m five year bond from a $1.4bn book on Monday, offering a new issue premium of around 10bp-15bp for the deal, according to the lead managers.

Citi launched a five year Kangaroo bond on Tuesday, tapping into a recent bid from Asian investors itching for yield.

Liberty Mutual Group was having a second stab at its first ever benchmark issuance of euro senior unsecured bonds on Tuesday, having conducted a roadshow in 2015 for a print that did not materialise.

South Korea’s Kakao Corp has broken a drought in Asia’s equity-linked market by printing a W230bn ($199.9m) exchangeable bond on Monday, with the deal denominated in won but settled in dollars.

China Petroleum & Chemical Corp (Sinopec) fetched $3bn from a multi-tranche dollar deal on Monday that saw a 30 note added mid-way due to reverse enquiry. But unlike its last outing, the oil and gas giant kept the size relatively small in favour of tight pricing.

Alibaba Group Holdings has wound up its latest five year bullet at an increased size of $4bn after attracting robust demand during general syndication.

Rare issuer ABB returned to the European corporate bond market with panache on Monday, as it issued a benchmark seven year transaction, its first in four years, achieving a negative new issue premium.

The corporate bond market hosted its second zero coupon deal of the year on Monday, courtesy of Unilever, as the UK-Dutch consumer goods company printed €1.5bn across three tranches of bonds.