Crédit Agricole

Hong Kong utility firm CLP Power made a successful return to the dollar bond market on April 27, with a $300m offering that had investors scurrying for more, thanks to a book that was almost 10 times covered.

Crown European Holdings was back in the euro high yield market on Monday with a €600m deal that will be used to repay its US parent company’s term loan ‘B’.

The State of North-Rhine Westphalia hired banks on Monday to sell a dollar deal, during what SSA bankers expect to be a quiet week for issuance.

CLP Power Hong Kong opened the books to a 10 year dollar offering on the morning April 27, one year after issuing its first subordinated bond.

Elis, the French workwear and bed linen laundry company, priced an €800m bond on Wednesday, its first issue since its €750m Paris IPO in February, to refinance in full its senior secured and subordinated notes.

Gas Natural opted for a drive-by execution for its second hybrid bond, a €500m perpetual non-call nine year, and won a €1.1bn book on Tuesday.

Unrated Italian power generation machinery company Ansaldo Energia's first corporate bond was particularly popular with domestic investors on Tuesday.

Dale Summerville, Crédit Agricole's head of origination for Indonesia, India, Malaysia and Thailand under the debt optimisation and distribution division, Asia Pacific, is leaving to spend more time with his family and to pursue personal projects.

Wind turbine manufacturer Senvion is seeking to issue €400m of senior secured green bonds, in connection with its sale to Centerbridge Partners for €1bn.

Swedish aerospace and defence company Saab has signed a Skr2bn (€214m) revolving facility for general corporate purposes.

The European high yield market this week was in ebullient mood as borrowers left behind the Easter holidays and brought a wide variety of deals to market.

Transport for London will look to price its first ever socially responsible bond today (Friday) following themed deals from a trio of European SSA names earlier in the week.