Europe

Northgate, the UK van hire firm, has reduced its flagship bank facility and replaced the financing with a €100m private placement from Pricoa Capital.

International Airlines Group's financing of its €1.4bn acquisition of Aer Lingus has taken another twist, with IAG signing a €600m term loan with Helaba and British Airways.

Spain’s construction and energy company Abengoa on Monday announced an unexpected €650m capital raise, which triggered immediate selling in its shares and bonds.

Barclays is lining up a sterling denominated additional tier one as the primary market stays alive into August.

Greece’s largest banks could only muster a collective 'no idea' when requested by the Hellenic Capital Markets Commission to inform the public on the estimated impact of capital controls.

French car maker Groupe Renault may have been the only European high yield borrower in the top 20 global capex champions’ list published by Standard & Poor’s on Monday, but car makers overall gained positions in the ranking.

Banca IMI has hired a global loan syndication head to front its new London syndication desk.

Singapore-listed Frasers Centrepoint (FCL), which raised a £300m ($468.5m) five year loan from Barclays, BNP Paribas and Standard Chartered to fund the acquisition of boutique hotel chain Malmaison Hotel du Vin, has opened the loan into wider syndication.

KfW has visited the syndicated market with in bond in an unconventional tenor on a Friday — typically a quiet day for deals — for the second week in a row.

Read on to find out how selected European sovereigns are faring in their funding programmes this year.

French municipal lender Agence France Locale could choose a large private medium term note to return to the bond markets after the summer, following a debut syndication earlier this year.

UBS has taken over $7.5bn of orders for its latest AT1 offering, an impressive feat given the trade was Reg S only and was executed on the last Friday of July.