Crédit Agricole
-
Private healthcare group Générale de Santé will hold a bank meeting this week for a €1.1bn loan to back its takeover by Ramsay Santé. -
-
The European Financial Stability Facility surprised several market participants this week when it plumped for a rare 364 day syndication in its latest financing window. The issuer picked the ultra-short end of the curve to smooth its maturity profile.
-
A heavyweight agency is set to print a debut green bond next week, having thrown its hat into the green financing ring this week by mandating banks for an innovative deal that uses a state of the art format to allow investors to record the impact that their money is having.
-
Banco Popular Español postponed the sale of its second additional tier one (AT1) deal after launching the deal into a sell-off in the AT1 market that became progressively worse over the course of the morning. The Spanish bank was looking to sell the transaction at a level market participants said was surprisingly aggressive.
-
A new Italian corporate bond issuer entered the market on Wednesday, as 2i Rete Gas, the second largest gas distribution company after Snam, issued €1.35bn of five and 10 year paper.
-
Bank of China Paris Branch printed its debut CNH bond on Tuesday, issuing Rmb2bn ($322m) in a two and five year deal that attracted good demand from Europe. The bonds will be listed in Paris and Frankfurt.
-
Searing investor demand for yield has set the stage for a widely expected second visit of the year to the bond market by Greece in the wake of a series of spread busting, oversubscribed deals and auctions for sovereigns and regions in the eurozone periphery this week.
-
Acea, the Italian energy and water group based in Rome, issued a 10 year bond on Tuesday, following its more northerly peers Hera and Iren, which have issued respectively a 10 year and a seven year bond since late June.
-
Private healthcare group Generale de Santé will hold a bank meeting this week for a €1.75bn loan to back its takeover by Ramsay Santé.
-
Bank of China (BoC) has opened books for its Paris debut of renminbi-denominated bonds. BoC’s Paris branch will be the issuer and the two and five year dual-tranche deal has been indicated at 3.6% area and 4.0% area, respectively.
-
In a direct illustration of how far the additional tier one market, and yields on both subordinated debt and that of the European periphery's financial institutions, has come, Banco Popular Español is looking to issue an additional tier one with a coupon likely to be five points lower than where it priced an AT1 deal less than a year ago.
