Deutsche Bank

Chilean copper company Codelco has set the final spread for the a 10 year euro issue at 93bp over mid-swaps, inside the 95bp-100bp range indicated earlier on Wednesday. The deal’s size is indicated at around €500m, but has not been set, said a syndicate official.

Dexia Crédit Local hit the market on Wednesday with a three year senior bond guaranteed by Belgium, France and Luxembourg, following on the heels of Caisse Centrale du Crédit Immobilier de France’s successful €1bn GG senior on Tuesday.

Garanti Bank sold a €500m five year bond on Tuesday in line with initial price thoughts — an unusual event in CEEMEA where pricing is typically tightened. But a syndicate official on the note said he was pleased with the result, and one away from the deal said Garanti’s generosity may have been necessary after a string of Turkish bank deals in the last month.

Korea National Oil Corp (KNOC) has announced guidance on a tap of its 2019 bonds as well as a new 10 year. The deal follows a roadshow that wrapped up in Europe in mid June.

Chinese company Giant Interactive has closed its $850m leveraged buyout loan almost three months after it opened into syndication, with eight banks joining the deal.

Caisse Centrale du Crédit Immobilier de France is alone in the European senior unsecured bond market on Tuesday, and is set to sell its latest government guaranteed deal.

Garanti Bank has set final yield guidance for its five year €500m no grow bond at 3.5%, in line with price guidance earlier in the day. But some rival bankers said they had expected to see a tighter print.

UK frozen foods producer Iglo has set guidance on the sizes and prices of most tranches of its €1.3bn refinancing loan, which includes covenant-lite portions.

German wood-based materials maker Pfleiderer priced €321m of senior secured notes on Friday at a coupon of 7.875% to yield 8%.

A Russia-focused DCM banker is leaving Deutsche Bank after four years with the firm.

The central bank governors of France and China on Sunday signed a memorandum of understanding (MoU) that will lead to the appointment of an RMB clearing bank in Paris. Switzerland, meanwhile, is laying the groundwork for its own swap line.

Chinese company Huawei Technologies has wrapped up syndication of its debut loan in the European market, as commitments pooled in to take the deal to a larger than targeted size of $1.6bn.