Europe

Asklepios, Europe’s largest privately owned hospital operator, has signed a €365m revolving credit facility for general corporate and refinancing purposes.

The Spanish treasury has named Danske Bank as a primary dealer for its government debt from January 1.

Rentenbank and Bank Netherlands Gemeenten have revealed their funding plans for 2016.

Another foreign issuer has joined the German Schuldschein market, as Sweden's Saab signs its first ever deal. It was arranged by two non-German banks.

Sovcomflot, Russia’s largest shipping company, has signed a $340m bilateral loan with Sberbank CIB. In previous years it regularly obtained syndicated loans from international banks.

Stocks in Madrid tumbled on Monday, after Sunday’s election left the country without a clear prospect of a stable government. Yet one of the best performing shares was Fomento de Construcción y Contratas, the construction company, which maintained nearly all its gain after last Thursday’s news of a €709.5m rights issue.

German offshore wind operator Wind MW has closed a green project bond that will refinance debt backing its construction of an offshore wind farm.

Abengoa, the engineering and renewable energy firm, woke up on Monday up to two lawsuits from share and bond holders in Spain, while lenders agreed to inject €100m so the company could meet December’s payroll.

Black Sea Trade and Development Bank (BSTDB) on Monday sold the second note from its EMTN programme, after drawing demand from asset managers.

Finnish pulp and paper maker Stora Enso has tightened margins again on its €700m revolving credit facility, this time by 20bp, after having already reduced margins on the deal by 35bp two years ago.

Spanish government bonds sold off on Monday as the country enters a period of political uncertainty following Sunday’s election.

Capital Group has hired Julie Dickson from Ashmore Group as an investment specialist, based in London.