Crédit Agricole
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Europe’s leveraged finance markets are having a hard time slowing down for their traditional summer break. Investors are willing to keep deploying cash and issuers are responding, with several deals scheduled to be priced in the next two weeks.
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George Thimont will rejoin Crédit Agricole at the end of September, having previously worked at the French’s bank SSA DCM team from 2013 to 2014, GlobalCapital understands. -
The World Bank has chosen leads to run a euro benchmark that will be the first from the borrower in nearly two years.
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Daimler raised €3bn on Tuesday with a blockbuster bond offering of three tranches, each of which was heavily oversubscribed. The deal comes in an empty new issue market and is unusually large for this time of year.
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South Korea’s Woori Bank returned to the debt market on Monday, raising $300m from a Basel III-compliant tier two bond.
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State-owned China National Building Material has kicked off its debut syndication through three bookrunners, seeking $160m from the fundraising.
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Industrial Bank of Korea has sold its first social bond, but only after months of waiting for the market to calm.
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Société du Grand Paris, a French agency that plans to sell its debut bond issue later this year, has launched the first ever Green Euro Medium Term Note programme — a move that bankers and experts said could bring a range of benefits to the issuer and the wider SRI market.
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China Aircraft Leasing is back with a $790m borrowing, pushing for a longer tenor to support its aircraft purchasing.
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Reliance Industries has made a quick return to the offshore loan market with a $2.7bn refinancing deal, having picked 17 banks to act as mandated lead arrangers and bookrunners.
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Jean-Yves Hocher leaves a legacy of stability at Crédit Agricole CIB but his retirement will bring fresh energy to a unit with growth ambitions, writes David Rothnie.
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Nonghyup Bank returned to the dollar market on Monday, making the most of an improvement in investor sentiment. The South Korean bank was able to price its new bond with little to no new issue premium.
