DNB Bank

B2 Holding, the Norwegian debt management company, printed on Thursday its debut bond as it refinances its debts to support further acquisitions.

Pakistan eyes life insurance IPO — SECP gives nod for unified stock exchange — BW Pacific sets sail for Oslo

Singapore-based BW Pacific has opened books for a listing on the Oslo Stock Exchange, as the tanker company looks to raise as much as Nkr2.4bn ($283m) from its IPO.

This week began with three small euro offerings on screens from Landsbankinn, Carrefour Banque and NordLB as investors and issuers remained defensive after a recent run of gains in equities was met with a loss on Monday.

Hapag-Lloyd, the German container shipping company, signed a $372m 12 year loan facility on September 30, to finance the purchase of five new container ships.

Norway’s DNB Bank has increased what is only its second MTN in Hong Kong dollars, returning a day after it placed the original note.

Shipping company Odfjell SE has agreed a $112m term loan facility to refinance existing loans on three of its vessels.

Com Hem, the Swedish cable company, plans to redeem €187m of notes issued by its subsidiary NorCell Sweden Holding 2, using new and existing loans, reducing its interest costs by 100bp.

Euronav, a Belgian oil tanker and storage firm, has signed a $750m secured loan, partly to buy new vessels to capitalise on a market for oil tanker services that is buoyant, despite the fall in the crude price.

German speciality chemicals company Degussa has established a new Eu750m EuroCP programme through Deutsche Bank. Barclays Capital, Citigroup, Dresdner Kleinwort Wasserstein (DrKW) and JP Morgan join Deutsche as dealers on the programme.