Commerzbank

UBM Group, the UK marketing and communications company, has signed a £400m five year revolving credit facility with its core relationship banks.

Commerzbank took advantage of its strong quarterly results to sell new shares on Monday night to bolster its capital ratio, via an accelerated bookbuild that raised €1.378bn.

Mahle, the Stuttgart-based car and lorry parts maker, has hired five banks for a three day bond roadshow starting on May 4, after its annual results are released.

Vossloh, the German rail technology company, has signed a €500m three year loan with 11 banks, part of which will be used to repay a bridge loan it used to take out its US private placement notes.

Indonesia Eximbank has received a stellar response during syndication for its latest loan, with commitments totalling $792.5m pouring in from 38 lenders so far. A lack of deals from sovereign backed Indonesian borrowers and an overall fall in pricing for such credits propelled the loan to success, said bankers.

Three euro benchmark covered bonds were issued this week from borrowers in Belgium, Norway and the Netherlands. But it was the debut Dutch conditional pass through (CPT) structure from Van Lanschot Bankiers that proved the most interesting.

Philippine National Bank’s (PNB) $150m three year fundraising has wrapped up following an oversubscription. The facility attracted nine lenders during syndication.

It is a stock phrase among bankers that no single deal can reopen the Russian loan market. One or two swallows would not make a summer. But Uralkali’s return with a transaction this week must raise the hopes of the country’s other borrowers.

Unrated Italian power generation machinery company Ansaldo Energia's first corporate bond was particularly popular with domestic investors on Tuesday.

Progroup, the German family-owned container and corrugated board producer, on Monday announced its debut high yield bond, part of a €525m refinancing deal that includes €125m of PIK toggle notes.

ZF Friedrichshafen, the German car parts maker, sold its first bond on Monday, raising €2.25bn at yields under 3%, in a market supportive of its expansion strategy.

Investors welcomed the return of Industrial Bank of Korea (IBK) in the dollar bond market on April 16, happy to get their hands on one of the less active policy banks. Pleased with the quality of the order book and the pricing level, the issuer decided to increase the size to $700m.