Commerzbank

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.

Imperial Mobility, the Johannesburg listed vehicle leasing and logistics company, has signed a €350m loan with banks.

Imperial Mobility, the Johannesburg-listed vehicle leasing and logistics company, has signed a €350m loan with banks.

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

African Export-Import Bank could launch a $500m loan as early as next week, say bankers.