Europe

Russian container terminal operator Global Ports Investments has released guidance for a $350m long five year bond on Monday, offering much more than several other double-B rated credits from the country.

AerCap Holdings, one of the largest aircraft leasing companies in the world, has signed a $700m secured credit facility to finance new purchases.

Royal Bank of Scotland said on Monday it would take a loss on buying back some £2.3bn of opco and holdco debt, as it continues to position for the incoming total loss absorbing capacity (TLAC) regulations.

The Brics bank is to finally make its capital markets debut later this month by issuing green bonds in RMB with the proceeds to be channelled into energy and infrastructure projects, sources have told Emerging Markets, a sister publication of GlobalCapital Asia.

Despite the sturm und drang that surrounded Delta Lloyd’s rights issue, with vocal opposition from Highfields Capital Management and other top shareholders, the Dutch insurance company’s deal was completed smoothly.

Read on to see how selected French agencies are progressing through their 2015 funding programmes.

BBVA launched the first euro denominated AT1 transaction since February’s sell-off this week, pricing the bond through its outstanding notes’ yield to call and fuelling hopes the primary market is fully open once more.

Crédit Agricole raised €1.5bn in senior unsecured funding on Thursday, drawing strong demand at the long end of the curve as its syndicate remained cautious to ensure a smooth allocation process.

BNP Paribas sought out German institutions for a long six year senior unsecured trade on Tuesday, reviving the concept of a “regionally targeted" bond to attract smaller accounts.

In this round-up, China reports the first gain in foreign exchange reserves for March, a treasury official said preparations for the Shenzhen Connect have been completed, an RMB globalisation index dropped further in February, and Deutsche Bank assisted a corporate client set up a cross-border RMB liquidity solution. Plus, a recap of our top stories this week.

Mitsubishi UFJ Financial Group (MUFG) has boosted its institutional sales team in Europe, hiring Paul Lavelle from Royal Bank of Scotland.

Banca Popolare di Vicenza on Thursday launched premarketing for its €1.5bn IPO and capital increase, after a period of uncertainty when UniCredit, the underwriter, had cast doubt on whether it could be completed by the end of April deadline.