Deutsche Bank

Europcar, the French car rental company, has issued €350m of senior secured notes to finance the call of its 2017 bonds.

KfW this week stamped its mark in the green bond market, printing a bond that is the largest ever single tranche green deal, the biggest new green issue by a supranational or agency borrower and the first to include quantitative impact assessment. The deal’s secondary pricing performance will be watched eagerly by bankers as a bond of this size and liquidity should help market participants determine where green bonds should be priced versus standard bonds — if they should be priced differently at all.

The levloan market heralded the return of television content producers this week as Endemol set guidance on its €1.35bn refinancing loan and Liberty Global announced its intention to raise loans backing its latest acquisition.

Borrowers' continued confidence in the leveraged loans market is affecting deal structure, with private healthcare operators Générale de Santé and Quirón structuring their respective €1.1bn and €2.15bn deals to target term loan ‘B’s to banks, who usually prefer the amortising payments of term loan ‘A’s.

Dutch television programme producer Endemol has announced guidance on the pricing and currency denomination of tranches in its €1.35bn refinancing loan.

Global Cloud Xchange (GCX), a subsidiary of Indian telecom firm Reliance Communications, has mandated for its debut international bond.

Chinese smartphone maker Xiaomi is making its second attempt at a loan market debut, launching a $1bn fundraising into senior syndication. The early signs are that the deal will win the hearts of loans bankers, but the company still has to clear some hurdles on its way to success, write Rashmi Kumar and Shruti Chaturvedi.

Southeast Asia’s largest e-payment firm, MOL Global, filed for a $300m Nasdaq IPO this week, and if successful it will be the first Malaysian firm to list in the US. Malaysia's capital-rich domestic market has traditionally kept firms onshore, but those aiming for the best valuations will be better off heading to the US, write Rev Hui and Rashmi Kumar.

Chinese logistics company Sinotrans raised HK$1.72bn ($221m) on July 16 through a private placement of shares, which were offered at a juicy discount to its previous closing price.

Caixa Econômica Federal sold the first Basel III compliant tier two bond from a Brazilian issuer on Wednesday, but the government owned development bank is unlikely to trigger a flurry of copycat deals.

The European Investment Bank, which is over 75% funded for the year, went strategic this week by dipping into South African rand with a curve extending eight year deal. Elsewhere, the International Finance Corporation and KfW picked up funding in Australian and New Zealand dollars.

Winoa, the French maker of steel abrasives and diamond cutting tools, wants to issue €260m of senior secured notes to refinance debt.