Crédit Agricole

Eiffage, the French construction and concessions company, has signed a €1bn five year revolving credit facility with 16 banks. The deal was 25% oversubscribed.

Pork producer WH Group has signed a $1.5bn facility that will refinance the outstanding principal on a $4bn acquisition loan it took in 2013. The borrower has been forced to return to the loan market after it failed to raise enough during its IPO earlier this year.

Four issuers launched covered bonds from Germany, Sweden, Norway and Austria this week. The transactions were all well subscribed and priced tightly but the greatest degree of price tension was seen in deals that are expected to be eligible for the European Central Bank’s purchase programme.

The lack of a securities lending market for green bonds could be stifling the ability of banks to make markets in the product, leaving the buyside struggling to pick up paper in secondaries, a leading investor told GlobalCapital this week. But on the primary side, green demand grows ever healthier, with another set of firsts from public sector borrowers on the way.

Aéroports de Paris seized the opportunity presented by slightly stabler markets on Wednesday morning to price a €500m 10.5 year bond with what one banker said was its lowest ever coupon on such a long bond.

The National Bank of Oman launched its debut offering on Tuesday morning. Market conditions have been less than ideal for the issuer, but Oman’s bond is one of few which has performed well in secondary.

National Bank of Oman launched its debut bond on Tuesday morning in less than ideal market conditions but the $500m deal was one of the few EM offerings which performed well in secondary this week.

Infra Foch, a new company formed to purchase French car park operator Vinci Park, has mandated banks for a European bond roadshow next week.

Aéroports de Paris seized the opportunity presented by slightly stabler markets today to price a €500m 10.5 year bond with what one banker said was its lowest ever coupon on such a long bond.

Exor, a principal holding company of the Agnelli family, which founded Fiat, on Wednesday issued its first bond since 2007. Despite shaky market conditions, the 10 year bond attracted ample demand, helped by the fact that it offered about 150bp of spread — not available every day on investment grade paper.

The National Bank of Oman launched its debut offering on Tuesday morning. Market conditions have been less than ideal for the issuer, which opened books in a risk averse market.

The National Bank of Oman has announced initial price thoughts for a dollar offering as the market recovers from a shaky start. Escalating geopolitical tensions in the region have contributed to a more risk averse sentiment and have meant that the market opened around 5bp wider this morning.