Citi

Wizz Air, the Hungarian budget airline, traded up on Wednesday as it entered the London Stock Exchange following its second, and this time successful, IPO attempt.

Spain scored its lowest coupon and biggest deal in the 15 year part of the curve on Wednesday, as eurozone periphery sovereigns enjoyed enviable conditions.

Ivory Coast bagged over $4bn of orders for its new Eurobond on Tuesday, with investors taking comfort in the amortising structure which is becoming a feature of the African sovereign market.

Emerging markets telecoms company Digicel reduced its interest rate burden on Tuesday after issuing a new eight year bond to buy back more expensive debt due in 2017.

Bank of Tokyo Mitsubishi UFJ (BTMU) is taking advantage of a rally in US Treasuries to launch what could be a triple tranche dollar offering on February 25.

A European sovereign mandated banks on Tuesday to sell a long dated euro bond, the first benchmark in the currency so far this week.

Lebanon sold its largest ever new issue on Monday, printing an $800m 10 year and $1.4bn 15 year from combined books of $4.9bn.

Nationwide and Pohjola Bank broke an almost three week long fast for the euro senior market on Tuesday, setting terms for 10 and seven year benchmarks respectively.

Ivory Coast is marketing its new 12 year amortising note at 6.875%, a level that offers around a 37.5bp new issue premium.

Wizz Air, the Hungarian budget airline, is set to close the books for its IPO on Monday night, having revised the price range today – and may refine pricing again on Tuesday.

Lebanon had combined orders of $1.5bn for its 10 and 15 year offering at the last update. Bankers expect the 10 year to be priced inside the borrower’s curve.

Danish wind turbine maker Vestas Wind Systems, which is unrated, has mandated banks for its second euro bond deal, five years after its debut in 2010.