Commerzbank

La Poste, France’s state postal service, returned to the bond market on Tuesday with its first benchmark issue since 2012. The bond was priced tightly to its curve but the book size was not disclosed.

Cobham, the UK aerospace and defence firm, has secured €170m in its first Schuldschein issue, which it increased from €100m after oversubscription.

South Korea’s Nonghyup Bank has mandated four banks to work on its upcoming international bond offering, which could come in the second week of June.

FirstRand — Deutsche Wohnen — Immofinanz — Stadtwerke München — BSN Medical — Schenck — Technicolor

NordLB reopened a four year public sector backed Pfandbrief on Wednesday in a move which locked in exceptionally cheap funding. But because the deal was largely placed with captive German savings banks, it offered little clue about the state of demand for euro covered bond benchmarks.

HSBC is stepping up its European loan trading presence and has made two hires to the business in London.

African Export-Import Bank launched a $710m-equivalent loan in dollars and euros on Wednesday night, said bankers involved in the deal.

Schenk, the German measuring and processing technology manufacturer, set out price guidance on its €605m refinancing loan at a bank meeting on Tuesday.

African Export-Import Bank is set to launch a loan of around $500m equivalent on Wednesday or Thursday, say bankers.

Schenck Process Group, the German measuring and processing technology manufacturer, has hired three banks for a €605m refinancing loan and set a bank meeting for Tuesday.

Volatile markets this week did not deter German car parts maker Mahle from issuing a bond on Wednesday, and it drew plenty of interest for the seven year deal.

Just one small covered bond emerged from newcomer Natixis Pfandbriefbank this week, while several others mandated for sub-benchmark deals.