Deutsche Bank

Fiat Chrysler Automobiles issued €1.25bn of unsecured bonds on Wednesday, the second crossover deal in the European corporate bond market this week.

Several large banks active in European ECM breathed a sigh of relief this week, as they completed the tortuous IPO of German wind turbine marker Senvion — one of only a few listings on offer in the quiet lead-up to Easter.

Latin America development bank Corporación Andina de Fomento (CAF) has made its fourth outing in the Australian dollar market.

The bookbuild for the initial public offering of Senvion was completed a day early, on Monday evening, and resulted in a price near the bottom of an already much lowered price range.

Low profitability remains the main risk for euro area banks, according to the European Central Bank’s annual report on banking supervision, and with little sign of revenues rising in 2016, more and more financial institutions are turning to technology to cut costs.

The Republic of Indonesia’s savviness was on display this week when it broke several records with a red hot $2.5bn wakala. Not only was this the sovereign’s first dual-tranche appearance in the asset class, it was also its largest ever — achievements that were attained thanks to the country’s ability to listen to market feedback.

Two block trades have been launched in Europe this evening (Monday March 21), in shares of Iren, the Italian multi-utility group, and IMCD, the Dutch speciality chemicals distribution company. While IMCD has been the subject of three previous block trades, there have been none in Iren, according to Dealogic.

The private equity owners of German wind turbine maker Senvion have grudgingly relaunched its Frankfurt IPO, just five days after pulling it on low demand. The new deal is half the size of the earlier one, and implies a valuation €300m lower.

HeidelbergCement issued a benchmark high yield bond on Monday that was increased to €1bn and nearly three times oversubscribed.

Ball Corp, the US metal packaging manufacturer, has signed $4.15bn of debt facilities backing its $6.4bn acquisition of Rexam, the UK can manufacturer.

The Republic of Indonesia hit the market on Monday as it seeks to tie up a five year and a 10 year wakala — the first time the southeast Asian country has attempted a sukuk offering in two tranches.

One of the world’s largest port operators PSA International has mandated DBS and Deutsche Bank to run a series of investor meetings this week.