Europe

Belgian real estate investment company Cofinimmo has added two banks to the syndicate for a refinancing facility it signed on Thursday.

Banque Fédérative du Crédit Mutuel (BFCM) sold its first Swiss franc bond since 2014 on Monday, as international visitors to the market increase.

The Ranger went on the hunt for meditating bankers and found that each in the market has their own definition of inner peace.

HTN Towers, the Nigerian telecoms tower operator, postponed its London initial public offering indefinitely on Friday, having struggled to get enough demand from investors. McCarthy & Stone did, however, successfully complete its listing.

The UK Debt Management Office has announced the tenor of its final syndication of the 2015 financial year.

A government minister in one of Europe’s major economies has told GlobalCapital that green bonds could be a “complement” to the country’s existing climate change mitigation policies.

French motorway operator Sanef issued a €600m 10 year bond on Friday, in the style of this week in the European corporate bond market: with a massive order book and single digit new issue premium.

Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday’s close. The source for secondary trading levels is Interactive Data.

In this round-up, Chinese government sets capital account convertibility goal for 2020, IMF yet to decide on RMB SDR inclusion, Shenzhen Connect unlikely in 2015, and cross-border RMB trade settlement in Hong Kong hits new record.

Snam, the Italian natural gas transmission company, priced a €750m eight year bond on Tuesday, its first issue since it was added to the list of bonds that the European Central Bank will buy as part of its public sector bond purchase programme, or quantitative easing.

The IPO of Softcat, the UK IT infrastructure and services provider, is “oversubscribed and in good shape”, according to a banker on the deal. The London flotation was widely tipped to value the firm at £500m.

McCarthy & Stone, the UK’s leading builder of retirement homes for sale, closed the book for its London IPO at 1pm on Thursday, saying orders below 180p a share were expected to miss.