Europe

Portugal mandated banks on Tuesday to lead the sale of a new 30 year bond as it looks to pounce on the strong investor appetite in the long end of the euro curve.

Alternative asset manager Hayfin has appointed a former Bank of America managing director as a portfolio manager for private credit.

Stephen Taylor, previously head of equity capital markets at Macquarie, has joined Houlihan Lokey's ECM advisory team.

Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, February 1. The source for secondary trading levels is ICE Data Services.

Polish social and mobile gaming company Huuuge will price its Warsaw IPO at Z50, the top of the initial range, valuing the business at Z4.6bn ($1.2bn), according to sources close to the transaction.

KfW IPEX-Bank, a wholly-owned subsidiary of KfW, has promoted Christian Bevc to global head of syndications and treasury.

After launching its first euro covered benchmark earlier this year, Aareal Bank returned on Tuesday to mandate leads for a dollar Pfandbrief.

Investors clamouring at a chance to diversify helped Argenta Spaarbank’s debut benchmark euro covered bond price close to where bonds from established Belgian issuers trade when it was issued on Tuesday.

UBS found room for $5bn of new debt in the dollar market this week, starting with a “phenomenal” result for a new additional tier one (AT1) on Monday and ending with a three-part senior offering a day later.

BayernLB is consolidating its loan, bond and Schuldschein syndicate desks into one debt finance syndicate. The bank's former head of leasing and securitization will head the new outfit.

CaixaBank found €3.7bn of demand for a green senior bond on Tuesday, as investors revealed their hunger for new paper. BayernLB could follow with a green deal of its own against the improving backdrop in euros.

Just Eat Takeaway.com, the Anglo-Dutch online food ordering marketplace, has raised €1.1bn via the sale of new convertible bonds, following rapid growth during the pandemic as more customers ordered food brought to their homes.