France
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The holding company of French motorway operator Société des Autoroutes du Nord-Est de la France, Holding d’Infrastructures de Transport, printed a €200m tap on Tuesday as the primary market remained quiet.
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Deezer, the French music streaming website, this week registered its document de base with the French regulator in view of listing its stock in Paris.
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The holding company of French motorway operator Société des Autoroutes du Nord-Est de la France, Holding d’Infrastructures de Transport, printed a €200m tap on Tuesday as the primary market remained quiet.
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Vallourec, the French tubular solutions company, has signed a €400m four year revolving credit facility to replace bilateral loans of the same amount.
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Societe Generale has released details of the two appointments created by the internal move of its head of Europe, Middle East and Africa structured finance and loans syndication to another position.
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Covered bond issuers failed to take heed of poor market conditions and, just like lemmings, followed one another with poorly performing deals this week.
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Pernod Ricard, the French distiller, priced an opportunistic €500m bond on Monday, paying a hefty 18bp premium in a market at risk of keeling over.
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Crédit Agricole braved jittery markets on Wednesday to price its first ever tier two transaction in Swiss francs.
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Sanofi, the French pharmaceuticals company, priced a €2bn three tranche bond on Monday amid heavy supply in the European corporate bond market.
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Two state owned corporations, La Poste and Adif Alta Velocidad, this week avoided paying the wider new issue premiums that many corporate issuers have been forced to concede.