Deutsche Bank

Lindorff, the Norwegian debt collection group, launched on Tuesday a €250m tap of two of its bonds, with proceeds mainly destined to fund the recent purchase of a debt recovery unit from Spain’s Banco Sabadell.

South African telecommunications company MTN built a $3bn book for its $750m 10 year bond on Monday. Leads printed the maximum size that the company was considering as emerging market and investment grade buyers scrabbled for the diversification the debut name offered.

Piped gas operator China Oil and Gas Group made a memorable return to the debt market on November 3 with a $300m-capped bond that was more than 11 times subscribed. With such a huge order book, the issuer was able to take advantage to price through its existing dollar curve.

Royal Dutch Shell, like most oil companies a dollar-based issuer, had already blessed the euro market with a €2bn issue this year, in March.

For six months, investors and salespeople have been hounding Goldman Sachs and Deutsche Bank to know when Apple – the world’s most glamorous consumer electronics group – would launch its first bond in euros.

French telecoms group Altice has announced an offer to buy the Portuguese assets of Portugal Telecom from Oi, the Brazilian telecoms company, for €7bn.

Heathrow has signed a £2.15bn refinancing of its revolving credit and liquidity facilities with a syndicate of 22 banks. The loan comprises a £1.4bn revolving credit facility and a £750m standby liquidity facility.

Combined books for Kazmunaigas’s dual tranche $1.5bn dollar bond had reached $9bn at their peak before pricing on Friday inside its own curve, despite KMG having cut the change of control clause in its bond documentation to 75% state ownership.

Skandinaviska Enskilda Banken has begun a roadshow for its debut additional tier one capital issue. Along with a potential pair of capital trades from Australian banks, it will provide the FIG market’s first true test of investor risk appetite since the European Central Bank’s banking system health check.

China Oil and Gas Group launched a $300m-capped bond on November 3 as the company seeks a return to the debt market following a near 20-month absence.

China Construction Bank (Asia) is meeting European investors from Wednesday November 5 in what looks to be busy week for the franchise as parent CCB readies itself to issue a CNH denominated tier two bond.

Novartis returned to the euro bond market on Friday October 31 after five years to issue seven and 12 year notes. A solid market allowed the total size to grow from an expected €1bn to €1.2bn.