Europe

Centrica, the UK energy supply, trading and production company, raised £700m of new capital on Thursday to support its credit ratings with an intraday placement, but that was less than the £750m it set out to raise, and its share price fell 9.8%.

Rentenbank defied fears over the possibility that the United Kingdom will leave the European Union, printing a sterling May 2021 on Wednesday.

Senior bankers in the public sector bond market fear a combination of political events are about to wreak havoc with borrowers' debt raising plans. Ben Jaglom reports.

LBBW, OP Mortgage Bank and Mortgage Bank of Finland took little time to sell their benchmark euro deals this week.

Atlante could reach out to more potential investors after being forced to underwrite all of Banca Popolare di Vicenza’s recent IPO, but the future of larger banks remains subject to the success of structural reforms.

J.C. Rathbone Associates has acquired Canaccord Genuity's social housing and bond advisory business, which will be headed by Adrian Bell and Henrietta Podd, leaders of the Canadian's firm's UK debt business.

Spain’s borrowing costs fell on Thursday at the country’s first debt auction since its king dissolved parliament earlier this week.

Ukraine's Cabinet of Ministers has approved the issuance of new debt to complete the restructuring of its external sovereign debt. All that remains is for the country to reach an agreement on $3bn of debt owed to Russia.

French retailer Fnac is asking for larger ticket sizes and more lenders to join its second acquisition loan to buy Darty.

Abbey National may shortly return to the public senior market, after launching three cash tender offers in a bid to shift debt away from its operating company.

After a week of no new paper in CEEMEA, EM bankers are looking forward to a busier next week as four bonds are slated from the region and the market looks supportive enough to allow issuers to pull the trigger.

Stadshypotek’s newly set up third cover pool, which can be secured by Finnish residential and public sector loans, has been rated Aaa by Moody’s.