Crédit Agricole

Alpha Trains, the Luxembourg-headquartered European rolling stock leasing company spun out of Angel Trains, has mandated banks for a debut bond issue.

Italian telecom company Wind Telecomunicazioni cut down the initial size of the loan portion of a refinancing to €700m, and upped its bond offering.

Crédit Agricole brought in a stunning amount of interest for its euro denominated tier two deal on Monday, and the bank is readying another launch in dollars this afternoon.

Korea’s Woori Bank (WB) is due to sign a $500m multi tranche financing this week. The self arranged club loan is paying banks razor thin margins.

Euro covered bond issuers launched benchmarks this week and showed the unrelenting momentum in the compression of spreads has continued unabated.

Nord/LB attracted a large and well diversified book for its inaugural benchmark sized €500m no grow five year public sector Lettre de Gage on Monday.

French energy company GDF Suez has issued €2.5bn of bonds in four fixed rate tranches, of two, seven, 11 and 20 years, with small new issue premiums.

North Rhine-Westphalia will hit the 10 year part of the euro curve with its debut sustainability bond, which is expected to be priced this week.

Finland showed what is possible at a deeply negative swap spread and sub 1% yield in the long dated part of the euro curve on Tuesday.

Madrid has raised 15 year cash with its second bond in as many weeks — and the borrower’s sovereign could break its yield record at a similar tenor on Thursday.

Syngenta, the company created in 2000 through the merger of the spun-off agribusinesses of Swiss pharmaceutical company Novartis and the UK's AstraZeneca, has priced a €500m 12.5 year bond.

Irish budget airline Ryanair has flaunted its investment grade credentials, pricing its second bond, a €850m eight year, with a minimal new issue premium.