Crédit Agricole

Telefónica attracted more than €3.3bn of demand for its longest dated senior euro deal in more than a decade on Tuesday.

High grade borrowers were thin on the ground in the US market this week as volatility roiled equities and earnings blackouts loomed large.

United Internet — Vitol — Mol

Infra Foch, a company formed to buy French car park operator Vinci Park, attracted more than €4bn of orders for a dual-tranche bond market debut on Thursday.

Chinese pork producer WH Group has had an eventful year. In July it finally managed a successful debut on the Hong Kong Stock Exchange after two abortive attempts. Now it is back in the capital markets, with a $1.5bn refinancing for a controversial loan it raised last year for its acquisition of Smithfield. Fortunately for the borrower, the new deal looks like it will go without a hitch, writes Shruti Chaturvedi.

Crédit Agricole’s wholly owned insurance subsidiary Crédit Agricole Assurances made its subordinated debt debut this week, taking care not to cadge too much from investors who have been spooked by recent underperformance in financials sub debt.

The evolution of the green bond market took another big step forward this week as two of Europe’s biggest borrowers launched dollar benchmarks in green format for the first time — and another European agency prepared a second green bond in euros.

Korea Exchange Bank (KEB) priced the third US dollar tier two bond from the country on October 7, coming in only slightly wider than peer Hana Bank.

The Swiss-headquartered oil trader Vitol has signed $7.5bn of revolving credit facilities to refinance $7bn of loans signed in October 2013 and for general corporate purposes. The syndication was launched at $5.5bn and brought in some $8bn of orders.

Crédit Agricole’s wholly owned insurance subsidiary Crédit Agricole Assurances is set to price its inaugural subordinated bond — and the first subordinated debt from a new market entrant since the recent selloff — following big demand from BNP Paribas’ dual tranche tier two on Monday.

Sentiment surrounding Korean bank capital transactions is high following Hana Bank’s sucessful Basel III tier two last week. Trying to ride that wave of optimism is Korea Exchange Bank (KEB), which opened books to its own tier two bond on October 7.

Korea Exchange Bank (KEB) is looking to become the third Korean lender to tap the dollar market with a tier two bond, mandating four banks to handle the transaction.