Europe

A managing director of loans execution will leave Barclays in London at the end of May.

The world’s largest salt producer, K+S AG, has signed its first Schuldschein, a €600m deal.

Société Générale will seek further savings from business cuts at its investment bank, after posting a surprise first quarter profit on the back of a strong retail banking performance.

Deutsche Bank will begin a roadshow next week for a euro denominated tier two transaction, with uncertainty remaining over European authorities’ fondness for additional tier one as regulatory capital.

A flurry of public sector issuers have taken the market by surprise in a week many expected would see issuance sapped by a combination of international holidays.

Goldman Sachs has relocated one of its most senior M&A bankers from Hong Kong to London, according to an internal memo seen by GlobalCapital Asia.

Latin American development bank Corporación Andina de Fomento (CAF) is expected to rake in a substantial order book for its first dollar benchmark in over a year, according to bankers close to the deal.

The failure of the IPO of Banca Popolare di Vicenza leaves full responsibility for the bank’s future with the hastily put together Fondo Atlante — and is a poor omen for the listing of Veneto Banca, due to roll forward after a shareholder meeting this week.

Chemicals producer Inovyn on Tuesday began the roadshow for a €300m secured bond that will replace a portion of term loan ‘B’ funding being issued to support its full takeover by Ineos.

KommuneKredit and the State of North Rhine-Westphalia (Land NRW) joined NRW.Bank in lining euros deals on Tuesday in a week bankers had expected to be hobbled by holidays.

Slovenia is offering a $750m buy-back across its dollar 2022s, 2023s and 2024s and is looking to fund it with proceeds from a new euro-denominated bond.

The UK quitting the European Union would have little negative impact on Asia as a region but could offer some of its cities the opportunity to supplant London as a leading global financial centre