Europe

The Autonomous Community of Andalusia is aiming to revisit the public and private bond markets next year, according to the region’s minister of economy and finance.

Ukraine has opened books for a pair of dollar benchmarks, returning to capital markets in benchmark size for the first time in over a year, fresh from its agreement with the IMF.

Standard Life Aberdeen announced on Wednesday that it was asking holders of a dollar-denominated tier two bond to change the documentation to reflect its new regulatory regime, after pricing a tender for other subordinated debt instruments earlier in the week.

The European Banking Authority said this week that one of its main priorities for 2019 would be to ensure that the decision making process for the minimum requirement for own funds and eligible liabilities (MREL) is clear, credible and consistent.

The Flemish Community of Belgium will meet investors in November to showcase its new sustainability bond framework, with a trade likely to follow.

With the spat between Italian government and the Europe Commission over the former's budget rocking bond markets, windows of opportunity for new deals have been few and far between. But A-/A3/A- rated German utility company EnBW and AA-/Aa3/AA- rated Procter & Gamble raised bonds on Wednesday, as a flight to safety gave the transactions the required lift.

Stock in CEVA Logistics, the Swiss freight management company rose by more than 30% after shareholder CMA-CGM, the French shipping company, launched a full takeover bid of the company.

The Bank of England recently warned that it would take a close look at the fast-growing sterling leveraged loan market, but there is both less and more to the story than meets the eye.

Eurotorg, the largest supermarket chain in Belarus, has fixed a price range for its landmark IPO on the London Stock Exchange, which could value the company at almost $1bn.

Rentenbank is looking to issue one more benchmark before the end of 2018 with what would be the agency’s third of the year.

BioPharma Credit, the UK closed-end investment fund that provides debt capital to the life sciences industry, has increased the size of a primary share offering by $50m to $200m

After scrapping its first attempt to issue Obligations Foncières last month, My Money Bank was finally able to complete its covered bond deal on Wednesday — but subscription levels were muted.