Deutsche Bank

Cooper, the French pharmaceuticals distributor, has priced the term loan ‘B’ for its acquisition by Charterhouse at 475bp over Euribor, with an original issue discount of 99.5, the wide end of initial talk that began at 450bp.

Corporate bond bankers are busy, for this time of year. While they are usually up for doing deals, it is clear investors, too, are in no hurry to close their books for the year, but are keen to buy paper, despite the let-down of the European Central Bank’s lukewarm QE boost last week.

At this time of year, attention in the equity capital market is divided between avidly fighting for next year’s mandates, which are beginning to mount up — and counting the spoils from this year. Has it been a good, bad or indifferent year — and for whom?

Corporate treasurers across Europe will be thanking Daimler today, as the German car maker took the lead on Tuesday and showed that the bond market is wide open for deals.

Deutsche Bank has suffered another rating agency downgrade, this time from Fitch, which said the German giant had fallen behind its universal banking peers in preparing for tougher regulation.

Deutsche Bank’s head of Asia fixed income capital markets, Herman van den Wall Bake, has left the bank, sources close to the move confirmed.

Goodyear Dunlop Tires, the US tyre manufacturer, is issuing €250m of eight year senior unsecured notes. A roadshow is scheduled for Wednesday in London.

The African Development Bank is set to bring a green bond as the United Nations Conference on Climate Change in Paris (COP21) nears its end.

Air Liquide and Saipem loans show that bankers and borrowers are not yet slowing down as they seek to tie up remaining bumper deals they launched in a busy fourth quarter.

American Honda Finance has visited the sterling bond market for a £250m seven year deal, its inaugural offering in the currency.

Unédic and the Province of Quebec on Monday became the first issuers to print in euros since the European Central Bank disappointed market participants at a meeting of its governing council last week.

General Electric has terminated an agreement to sell its appliance business to Swedish household appliance producer Electrolux, toasting bankers' plans to provide bridge financing.