Crédit Agricole

Aluminium company China Hongqiao has wound up its latest borrowing at $597m, lower than the launch size of $600m.

Real estate investment trust Foncière des Murs, using the private medium term note format, has made its second ever foray into the capital markets.

Despite choppy markets leading to a quiet week for corporate issuance, the pipeline remains strong with several new issuers announcing roadshows for deals set to be launched this month.

French media group Lagardère has refinanced a €1.25bn credit facility and replaced one of its relationship banks.

The pipeline for corporate bonds is swelling rapidly, with three issuers mandating for European roadshows on Tuesday, including two from the eurozone’s periphery.

National Bank of Oman is planning a $900m increase to its euro medium term note programme and has won approval for a debut AT1 issue.

Europe’s insurers are planning a raid on the tier two market in the second quarter, but may have to wait until a growing pipeline of bank tier two is cleared.

Central Bank of Savings Banks Finland on Wednesday sold its first privately placed medium term note and is set to print more in coming weeks.

Steel company ArcelorMittal has refinanced a $6bn revolving credit facility, with heavy oversubscription.

Crédit Agricole has found an internal replacement for Bernard Delpit, its departing deputy finance director.

This week’s sharp Bund sell-off has shone a revealing light on the European public sector bond market’s dwindling support and growing execution risk, writes Craig McGlashan.

A nervous tone in the FIG market has already crushed Banco Popolare’s hopes of printing tier two before its quarterly results, and conditions could be just as tough next week.