Europe

The Scandinavian bank returned to the Swiss franc market with a new eight year senior unsecured benchmark bond on Tuesday, following strong demand from local institutional investors

BNP Paribas sold its last remaining shares in Klépierre, the French property company, for €829m on Monday night, in an accelerated bookbuild.

A trio of SSA issuers made moves to mop up short end dollar demand on Tuesday. NRW Bank printed a $1bn bond and two others mandated for deals.

NRW.Bank has gone further out along the curve with a syndicated bond than it has for several years — and managed to find some new investors with its third green bond.

A rare public sector issuer from the eurozone periphery could bring some euro supply late in the year after hiring banks on Tuesday to run an investor roadshow.

Cabot Credit Management, the UK debt purchasing firm, on Wednesday raised €310m of secured notes to support its buyout of peer company Hillesden Securities from Faccenda Investments.

The head of corporate syndicated lending for EMEA and Asia at BBVA retired from the bank on Friday.

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.

Initial price thoughts have been indicated for TSB’s first UK prime RMBS deal, with the transaction offering a pick up on both the euro and sterling tranches for investors, compared to more established issuers.

Deutsche Bank is set to go on the road and market its first Cédulas Hipotecarias, which was rated Aa2 with Moody’s on Monday.

Following its recent roadshow, Deutsche Apotheker- und Ärztebank eG has mandated leads for a €500m no grow Pfandbrief.

Finnish real estate company Sponda has signed an €80m unsecured loan agreement with three banks to refinance its syndicated loan that matures this month.