Commerzbank
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FCE Bank, the finance subsidiary of Ford, issued a €750m bond on Wednesday, leaving some concession on the table to secure the deal’s secondary performance. -
The world’s largest salt producer, K+S AG, has signed its first Schuldschein, a €600m deal.
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RCI Banque was one of four corporate issuers in the European bond market on Tuesday, as it printed €600m of seven year notes that won the skinniest new issue premium of the day.
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Commerzbank reported a dramatic fall in first quarter profits on Tuesday, sending its shares down nearly 10%.
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Kering, the French luxury goods company, issued a €500m no-grow transaction on Thursday that saw some orders drop out but still came with a negative new issue premium.
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Commodities trader Vitol Asia has hit the market for a one year extension to a $1.48bn borrowing sealed in June 2015.
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Amadeus, the Spanish airline ticketing systems group, has signed a €500m revolving credit facility with a group of 12 banks, bringing in two new lenders as two dropped out.
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Funke Mediengruppe, the German media group, has agreed an extension to its loan facilities, in one of the few amend-and-extend operations so far in 2016.
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Bank of the Philippine Islands (BPI) has opened its $250m three year debut syndicated loan to retail lenders after expanding the mandated lead arranger and bookrunner group.
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Spanish IT company Amadeus will complete its €500m revolving credit facility later this week with some changes to its bank group, according to a banker familiar with the deal.
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Covered bond activity slowed this week with only three deals emerging, half the number seen in the prior week, with Canadian issuers at the fore.
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Panama’s Global Bank eyes Asia liquidity — Indo Eximbank in $725m fundraising — Protelindo in bilateral talks
