Europe
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Munich Re sold a 2.5% stake in the UK insurer in 'oversubscribed' deal -
High grade bond issuers still holding off from primary market despite rapidly improving conditions
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A rebound in recent weeks has kicked off a flurry of convertibles and block trades in Europe
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US inflation figure helpful to issuers in both markets
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Icelandic lender changed tack as heavy competing supply in euros pushed up the cost of funding for smaller borrowers
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Investors left the order book after size aspirations were set
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Ithaca Energy’s IPO priced at the bottom of the range
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Sanoma has syndicated a €300m revolving credit facility and €250m acquisition term loan
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Eurozone periphery deals showed that although the market is booming, it is not open for every issuer
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Sterling primary supply also continued with EIB
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FIG investors hunger for longer dated paper, fuelling demand and pushing spreads down
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Issuer plans euro and dollar bond issue before spin-off from General Electric
