Europe

Banque Fédérative du Crédit Mutuel secured the third euro tier two bond this week alone on Thursday, as investors show a continued appetite for riskier bank debt in a search for greater yields.

UK utility company SSE is in the market for its first private placement since its debut in 2012 and investor appetite for the firm’s paper appears as strong as before.

WL Bank issued a €500m mortgage backed seven year on Thursday, paying a limited concession with a high level of demand.

The Republic of Bulgaria is fully funded for 2016 and the international bond it printed earlier this week will be its only one for the year, according to deputy minister of finance Karina Karaivanova.

German car maker Daimler is planning to return to China’s onshore Panda bond market with a private placement in the interbank bond market, several sources familiar with the deal have told GlobalCapital Asia's sister publication GlobalRMB.

ABN Amro became the first foreign lender to issue a tier two bond in Taiwan’s Formosa market following a change in rules at the start of the year.

Deutsche Börse and the London Stock Exchange Group have agreed terms for an all-share ‘merger of equals’, in a push for European derivatives dominance that turns up the pressure on US rivals.

Delta Lloyd, the Dutch insurance firm, received shareholder approval on Wednesday for a rights issue to strengthen its solvency, after a bitter fight with some of its investors, who publicly criticised the planned deal.

The UK Debt Management Office is reshuffling its funding strategy for the 2016-17 financial year, including adding the possibility of selling short to medium term conventional Gilts via syndication.

Senvion, the German wind turbine maker, pulled its €700m IPO on Wednesday morning, after a difficult bookbuild that failed to deliver a covered book.

Municipality Finance is aiming to bring a debut green bond after the summer, with euros a possible currency for the bond.

KommuneKredit has printed a no-grow €1bn seven year from an oversubscribed book, becoming the second Nordic agency to do a euro benchmark deal this week.