Crédit Agricole
-
Bankers working on Axis Bank’s new dollar bond are expecting a strong response from investors as the issuer makes its first appearance in two years. A lack of Indian bank supply combined with positive sentiment towards the country is likely to work in its favour.
-
Endemol - Zenith Bank - 3i - Faurecia
-
Finnish export credit agency Finnvera priced a third and last issue of the year on Thursday, with what is only its second deal in euros.
-
Malaysian conglomerate Sime Darby has picked four banks to supply the funds for its latest loan. The size of the fundraising is around $800m and it is split into a revolver and a term loan.
-
CNP Assurances benefited from a lack of insurance supply when selling a perpetual tier two deal on Wednesday, setting the stage for other insurers to tap the market over the coming week.
-
Faurecia, the French car parts manufacturer, has refinanced a €1.15bn undrawn loan facility, hiring 10 banks.
-
On Friday Nestlé extended by a year €5bn five year revolving credit facility it had signed in October 2013. The Swiss foods producer also replaced a €5bn-equivalent short term facility with a new facility of €6bn.
-
Reliance Jio Infocomm’s $1.5bn dual tranche loan that opened in September has received around $280m in commitments from five lenders during general syndication. At least five more banks are processing approvals for the loan and the deadline for commitments has been extended to November 24 to allow them to come in.
-
Council of Europe crowned a week of tightly priced deals from high quality issuers in dollars with the first benchmark to reach the five year point of the curve since the dollar market was engulfed in volatility in mid-October. Sweden kicked off proceedings with an oversubscribed three year that came at the deepest level through mid-swaps for a deal of that tenor all year.
-
United Internet — Marine Harvest — Heathrow
-
The end of the year could take on a supranational flavour in euros as a pair of issuers mull deals. The European Financial Stability Facility is expected to bring a deal in its next window — next week — while the European Union told GlobalCapital this week it could return to the capital markets to pick up funding for Ukraine.
-
German internet services provider United Internet is marketing a €300m Schuldschein, which is understood to be already oversubscribed.