Crédit Agricole

Edenred, the French prepayment services company, issued a €500m 10 year bond on Tuesday to fund its €150m acquisition of 34% of Germany’s Union Tank Eckstein, and to refinance debt.

A euro bond roadshow for Neste Oil, Finland's largest refiner, is set to finish on Friday. The company has mandated Barclays, Crédit Agricole, Danske Bank and Mitsubishi UFJ for the deal.

Six European covered bond borrowers launched deals worth a total €5bn this week and, despite setting new spread records, all were easily digested and performed well.

Crédit Agricole took advantage of a shortage of Swiss franc triple-A supply to launch a tightly priced covered bond on Thursday as part of a dual-tranche issue.

CRH is holding a bank meeting on Thursday with its close relationship banks to syndicate a €2.9bn loan for its acquisition of assets from Holcim and Lafarge.

Foncia, the French property management firm, has launched a €270m add-on to acquisition debt from its leveraged buyout by Bridgepoint in 2011.

Cemex is on track to issue the first high yield corporate bond from Mexico this year and has returned to the market with a dual tranche euro and dollar offering.

BNP Paribas is understood to have filled its vacancy for head of Asia equity syndicate with an internal candidate, promoting Hong Kong-based Simon Moss for the position. He takes over from Gary Chan, who left the French bank at the end of last year.

Eiffage, the French construction company, has refinanced €3.3bn of loans, reducing the margins by two thirds compared with what it used to pay - even though revenues are under pressure from a state toll renegotiation.

Nationwide and Pohjola Bank broke an almost three week long fast for the euro senior market on Tuesday, setting terms for 10 and seven year benchmarks respectively.

The EIB has tapped the largest outstanding green bond in the market and could have created the first negatively yielding primary supply in the format, said SSA bankers.

Crédit Agricole, which is stepping up its focus on structured finance in Asia, has made two additions to its loan syndications department in Hong Kong.