Crédit Agricole

Swedish Export Credit Corp brought a debut green bond that was greeted with decent demand despite volatility in government bonds.

Two more European banks lined up to tap the Japanese market this week in the wake of Lloyds Bank’s successful Samurai return last Friday.

The Middle East remains the mainstay of the CEEMEA bond market, with borrowers continuing to put plans in place. National Bank of Oman has picked banks for its first ever additional tier one deal, becoming the latest in a long line of Middle East credits to mandate for dollar perpetuals.

The Samurai market is continuing to provide banks with funding opportunities this week after euro and dollar issuance all but dried up as investors showed caution over the potential for a Greece-induced disaster.

Crédit Agricole and Société Générale will seek to float Amundi, their asset management joint venture, in Paris by the end of this year, partly to give Amundi a currency for acquisitions.

Middle East mandates are keeping CEEMEA supply hopes alive in a difficult market, and even Ramadan’s arrival will not close the window for new deals.

Swedish Export Credit Corporation is set to price an oversubscribed green bond — its first syndication in sustainable and responsible capital markets.

Another bank has joined the procession of Middle East borrowers targeting perpetual deals, and picked banks for its first ever bond in that format.

Banks are lobbying to win capital credit for their contributions to Europe’s resolution fund, as the ramp up of the €55bn fund starts to weigh on their profits.

Two SSA borrowers are out with dollar deals early this week — trades that could set the tone for the rest of the week’s issuance in the currency.

Mercuria Energy Trading, the Swiss commodities group, has found strong support for a $2.65bn loan refinancing, but has not yet decided whether to increase the facility.

British Airways is refinancing $1.25bn of credit facilities in a deal that is separate from the €1.4bn loan its parent company, International Airlines Group, is using to buy Aer Lingus.