Commerzbank

Deutsche Lufthansa, Germany’s national airline, launched its first bond since 2009 on Friday September 5, at the remarkably tight spread of 75bp over mid-swaps — showing just how valuable a loyal following of domestic investors can be.

Lagardère, the unrated French media group, returned to the bond market on Wednesday with a successful €500m issue that showed how it has repositioned its credit as an investment grade issuer.

German kitchenware producer WMF has laid out price guidance on its €615m acquisition loan at a bank meeting this morning.

Allianz continued a strong run of deals for insurers on Thursday, drawing a large order book for a perpetual trade. Attractive levels compared to bank bonds are driving the trades, according to syndicate managers.

Emirates NBD sold a $500m perpetual bond on Wednesday. The bond priced flat to the borrower’s existing Basel II compliant note. However, bankers away from the deal said that it looked to have struggled throughout the execution process.

Lagardère, the unrated French media group, returned to the bond market today after a two year absence with a successful €500m issue that showed how it has repositioned its credit as an investment grade issuer.

Emirates NBD announced on Tuesday a new tier one perpetual offering. However, the bond will not be Basel III compliant and therefore will not have a point of non-viability (PONV) feature.

The subordinated debt market for European financials was back in full swing with four deals out on Monday morning boosted by the European Central Bank's policy decisions made last week.

Deutsche Lufthansa, Germany’s national airline, launched its first bond today since 2009, at the remarkably tight spread of 75bp over mid-swaps – showing just how valuable a loyal following of domestic investors can be.

Chinese state-owned conglomerate Citic has wound up its $1bn dual tranche loan with three banks joining during general syndication.

Deutsche Lufthansa, the German national airline, announced on Thursday plans for a €500m five year bond, its first since 2009.

Corialis - KKR's Finedining Capital - Douglas Holding