Deutsche Bank

Snacks and coffee maker Mondelez was one of a string of US companies to access the European bond market this week when it priced €2.6bn of euro and sterling bonds on Wednesday.

Ivory Coast bagged over $4bn of orders for its new Eurobond on Tuesday, with investors taking comfort in the amortising structure which is becoming a feature of the African sovereign market.

The State Oil Company of the Azerbaijan Republic (Socar) has mandated two banks to arrange its next Eurobond.

US oil and gas pipelines company Kinder Morgan has mandated banks for a debut bond, as American issuers flood into the euro market.

Priceline, the online discount travel booking group, and electronics company TE Connectivity issued bonds totalling €1.55bn on Tuesday, continuing a run of euro issues by US firms.

Aldermore is expected to settle for a lower valuation than it had previously hoped for, as the UK challenger bank seeks to list in London next month.

Nationwide and Pohjola Bank broke an almost three week long fast for the euro senior market on Tuesday, setting terms for 10 and seven year benchmarks respectively.

Ivory Coast is marketing its new 12 year amortising note at 6.875%, a level that offers around a 37.5bp new issue premium.

PPG Industries, the American paint, industrial coatings and glass company, has hired banks for a euro bond, as its existing €300m 10 year, issued in 2005, approaches maturity.

PTT Global Chemical’s French subsidiary VencoreX Holdings is close to winding up a €190m ($215.65m) dual tranche seven year loan.

AT&T, the US mobile phone service provider, returned to the euro bond market on Monday, issuing €2.5bn in 8.5 and 20 year tranches.

Priceline Group, the US online discount travel booking service, has hired Deutsche Bank and Goldman Sachs to arrange investor calls in preparation for a second euro bond.