France

French car parts provider Autodistribution on Tuesday opened a four day roadshow for fixed and floating rate notes in a deal set to refinance old bonds, including PIKs, and fund its acquisition of Doyen Auto.

Euronext and the Shenzhen Stock Exchange (SZSE) signed an agreement last month to increase the public profile of small and medium sized technology enterprises listed on both exchanges. This is the latest in a series of initiatives between the two parties which Lee Hodgkinson, Euronext’s head of markets and global sales, said is part of a strategy to bring Europe closer to China.

In the wake of Brexit, the French financial sector is taking steps to make good on the threat of chipping away RMB business away from the City of London, Arnaud de Bresson, managing director at industry organisation Paris Europlace told GlobalRMB.

Rating: Aa2/AA

Amount: €750m

Amid rough going for new IPOs this week, one of this year’s star IPO performers, Maisons du Monde, was back in the market on Wednesday night as the global coordinators waived the lock-up to let the leading shareholders make their first block trade in the stock. Thursday brought a substantial trade in Ferrexpo, which owns iron mines in Ukraine, which got done, though at a slightly reduced size.

Crédit Agricole issed a rare €500m 10 year public sector Obligations Foncières this week that was priced at the tightest spread for a French covered bond in more than a year and was the most highly subscribed in more than 18 months.

SNCF Réseau printed its first ever green bond on Thursday, becoming the first Eurozone railway company to sell a green bond. It was joined in the socially responsible investment market by a vaccine bond from IFFIm.

SNCF Réseau, the French rail provider, made its green bond debut on Thursday, becoming the first railway agency in the eurozone to access the green market.

French private care home operator DomusVi on Monday joined a busy high yield pipeline with a new floater and an add-on to its debut bond to fund its second acquisition in Spain.

A trio of issuers on Wednesday were able to tighten pricing or print above their minimum targets — or both — in another strong day for the dollar market.

SNCF Réseau will issue the first green bond ever from a European transport company on Thursday.