Citi

Faurecia, the French car parts manufacturer, has refinanced a €1.15bn undrawn loan facility, hiring 10 banks.

Egypt's Euroget de Invest, has widened price guidance to 12% yield for a $258m bond, proceeds of which will be used to build nine hospitals in Ghana. The deal is expected to be priced on Wednesday with books going subject at 10am in New York.

Austrian oil and gas company OMV came to the euro bond market on Monday for the first time for almost a year, and priced a €750m four year deal.

Spreads of EU and US high yield corporate bonds began to tighten in November, yet their Norwegian counterparts have continued widening, pushed by the current global oil price depression. Many issuers in Norway's busy high yield market are linked to the offshore oil industry.

The Islamic Republic of Pakistan has ditched plans to sell some of its shares in Oil & Gas Development Corp (OGDCL) as investors shunned the paper due to discontent with the pricing.

On Friday Nestlé extended by a year €5bn five year revolving credit facility it had signed in October 2013. The Swiss foods producer also replaced a €5bn-equivalent short term facility with a new facility of €6bn.

Reliance Jio Infocomm’s $1.5bn dual tranche loan that opened in September has received around $280m in commitments from five lenders during general syndication. At least five more banks are processing approvals for the loan and the deadline for commitments has been extended to November 24 to allow them to come in.

Council of Europe crowned a week of tightly priced deals from high quality issuers in dollars with the first benchmark to reach the five year point of the curve since the dollar market was engulfed in volatility in mid-October. Sweden kicked off proceedings with an oversubscribed three year that came at the deepest level through mid-swaps for a deal of that tenor all year.

Ireland took a firm step towards joining the eurozone core this week by extending its curve to 15 years with a bond that market participants said was the clearest sign yet that it was pulling away from the rest of the periphery. But the gap between Europe’s top borrowers and weakest names may be about to narrow further very soon. This could be in response to moves by European Central Bank president, Mario Draghi, who opened the door a little further to full blown quantitative easing.

Loans for Nigerian borrowers IHS Towers and Fidelity Bank are progressing well, said bankers this week. But while scheduled to close before the end of November, there is a strong chance they will run into December, loans officials conceded.

Alliance Boots’ £12bn leveraged buyout in 2007 was a titanic and totemic deal, which symbolised the height of the pre-crisis LBO wave. This week, the financing was done that will remove the UK pharmacy group’s name from the corporate landscape, merging it with US chain Walgreens into WBA — Walgreens Boots Alliance.

The senior market awoke this week following a brief hiatus in the aftermath of the European Central Bank and European Banking Authority’s comprehensive assessment of Europe’s banks. While covered supply has been robust during the intervening period, a lack of recent senior issuance helped Abbey, Citi, DVB Bank and Nomura back into the market.