Commerzbank

H&R, the German speciality chemicals company, has signed a €72.5m syndicated facility with its core relationship banks.

After mandating leads for a roadshow at the end of March, Berlin Hypothekenbank (BHH) opened books on Monday for a €500m seven year Pfandbrief. Though the deal had been widely anticipated, bankers said Ukrainian headline risk could have derailed its timing.

Indonesia Eximbank has pushed the go button on its $600m fundraising, launching it into syndication on Tuesday evening, with the leads splitting the loan into two tranches.

Indonesia Eximbank has pushed the go button on its $600m fundraising, launched into syndication on the evening of April 15, with the leads splitting the loan into two tranches.

Guarantor: French Republic

While the focus in euros this week may have been on Greece’s blowout return to the capital markets, two other issuers were able to sell successful trades of their own. The European Financial Stability Facility and Unédic breezed through seven year trades, though syndicate bankers worry that a quiet patch lies ahead with few agencies keen to issue.

Aktia Bank launched and priced its second euro covered bond benchmark on Monday, in a deal that exceeded the issuer's pricing and distribution expectations despite investor concerns over Finland’s relationship with Russia.

Caisse Centrale du Crédit Immobilier de France (3CIF) sold its first government guaranteed benchmark bond this week. Good investor interest allowed the issuer to complete about a quarter of its funding target for 2014, despite what some bankers felt was an aggressive level over government bonds.

The opportunity to invest in covered bonds that offer a triple digit spread over mid-swaps are few and fast disappearing. It was therefore likely that Banca Monte dei Paschi di Siena, which sold a €1bn seven year bond this week, would attract one of the highest oversubscriptions of any covered bond for a deal of its size.

ProSiebenSat.1 Media, the German television company previously owned by KKR and Permira, issued on Thursday its first bond in its new guise of an investment grade-style company.

French mortgage lender Caisse Centrale du Crédit Immobilier de France is set to sell its first government guaranteed benchmark on Tuesday afternoon, a five year bond.

Two airport companies and one broadcaster are seeking to issue euro bonds, as new issuance has slowed after an exceptionally busy period.