Credit Suisse

BP issued a $550m Eurodollar bond on Tuesday, reviving a deal that it failed to execute in September, after being encouraged by the success of Nestlé in issuing a $650m Eurodollar last week.

A burst of opportunistic corporate bond issues came to the European bond market on Tuesday, as issuers leapt on near-perfect market conditions after a very strong Monday, led by GDF Suez’s €2.5bn green bond issue.

Spanish olive oil producer Deoleo will hold bank meetings this week to raise a loan of around €600m to refinance debt.

First Quantum Minerals priced its $850m bond at the wide end of 7%-7.25% price guidance on Thursday evening, a rare occurrence in the CEEMEA market. But books were over three times oversubscribed and the deal was increased from $650m to $850m.

The renminbi’s global footprint deepened on Thursday when Bank of China Luxembourg and Agricultural Bank of China Hong Kong printed the first CNH notes from a Chinese borrower to be listed in the eurozone.

Silicon wafer fabrication firm Inotera Memories raised $418m from a Global Depositary Receipt offering on May 8 tapping the markets at a time when its Taiwan-listed shares are at an all-time high.

R&R Ice Cream, the Yorkshire-based maker of branded and private label ice cream, switched from euros to sterling for its return to the high yield market on Thursday.

Integrated Dental Holdings, the UK dental care group owned by Carlyle, priced a £100m tap of its £125m December 2018 floating rate notes at the tight end of guidance on Tuesday.

Mexican broadcaster Televisa took the LatAm bond market deep into negative new issue premium territory on Thursday as confidence regarding rates and immunity from political turmoil in eastern Europe provided LatAm borrowers with issuance conditions well beyond the expectations of many bankers.

After weeks of limited issuance, the dollar market is primed to spark into life next week as investors clamour for a chance to use up accumulated cash. The European Investment Bank and Municipality Finance are tipped to launch deals, while Ontario stole a march on other issuers by mandating banks on Thursday afternoon for a benchmark.

Swiss private bank Julius Baer will hold roadshows for its second ever Swiss franc tier bond next week, building on a solid week of issuance in the currency from domestic financial institutions.

London-based insurance company Aon and defunct French mortgage lender Caisse Centrale du Credit Immobilier de France (3CIF) took advantage of the recent undersupply in the FIG primary market to price senior deals this week. 3CIF tapped the short end of the maturity curve and Aon went long.