Crédit Agricole

Air France KLM may have to offer a yield of up to 6% on its unrated hybrid bonds, according to market participants.

French property management firm Foncia has allocated its €270m add-on to acquisition loans after tightening pricing on the deal.

Touax Group, the French container leasing company, on Tuesday began marketing a €200m secured bond as it refinances its balance sheet.

A Dutch agency is set to bring a sustainability bond in the coming weeks, after mandating banks for a roadshow on Tuesday.

French water and waste management company Suez Environnement has refinanced its hybrid bond, due to be called in September, with a new €500m non-call seven year hybrid.

Paprec Group, the French waste recycling company, sold a dual-tranche green bond last Friday (March 20), in the fourth such deal in the high yield market, according to Standard & Poor’s research.

French luxury goods holding company Kering has issued a €500m seven year bond.

Italy showcased the rampant demand at the long end of the euro curve with a record equalling €8bn deal this week — but also highlighted new hedge fund behaviour.

Repsol, the Spanish oil company, has issued a €2bn hybrid bond as part of the long term financing for its $8.3bn (€6.6bn) acquisition of Talisman Energy.

Paprec Group, a French waste reprocessing company, is set to issue its first high yield offer with a €480m bond that it will use to refinance senior debt invested in eligible recycling projects.

Former Barclays and HSBC emerging markets syndicate banker Fadi Attia has joined Crédit Agricole’s New York syndicate team covering Latin America, US investment grade and US high yield.

Spanish construction company Actividades de Construcción y Servicios has issued its first non-convertible bond: a €500m five year.