Crédit Agricole

The still nascent additional tier one market moved toward maturity with the sale of Crédit Agricole’s dual currency transaction this week, a deal that broke new ground in several areas.

French financials BPCE and Crédit Agricole took to the Swiss franc market this week to sell new seven year deals. Both trades were able to grow well beyond minimum targets, highlighting the strength of demand from Swiss investors for strongly rated banks remains high.

Citi’s Charles Antoine Roche is an avid fan of the monarchy and has high hopes for his new baby boy — royal hopes — anointing his newly born son Charles II.

Région Île-de-France will roadshow a new 12 year green sustainability bond next week, which bankers believe could be the first syndicated green bond from a regional government.

Germany’s Hypovereinsbank (HVB) and Bayerische Landesbank (BayernLB) launched Pfandbrief deals of the same size and tenor this week. But with a marginally lower rating, and hence a wider spread, HVB was able to attract a more granular book.

SSAB, the Swedish producer of high strength steel, is finishing investor meetings today (Wednesday) for a potential bond issue. It might launch a deal in the €300m range as early as Thursday.

Crédit Agricole will sell its first senior unsecured Swiss franc deal of the year on Wednesday afternoon, with syndicate bankers involved with the deal confident that it will grow beyond its minimum size target.

Shinhan Bank printed a $500m three year bond Wednesday night as a warm response from US investors helped the issuer to price tight to its comparables.

Allocations for Tata Motors’ $600m loan have seen a few changes since GlobalCapital Asia last reported on the deal in early March, due to an additional bank joining as a mandated lead arranger.

Crédit Agricole has responded to investors’ criticisms of some recent pricings by skipping initial price thoughts on its second additional tier one capital issue, which is also the first dual currency deal in the asset class.

Shinhan Bank launched a three year US dollar offering on Tuesday as issuers start to return to the bond market following the March blackout period.

The European corporate bond market had already seen plenty of fireworks by Wednesday but there was no let-up on Thursday.