HSBC

Euros in the public sector bond market have enjoyed an exceptional run throughout January, providing borrowers from all across the public sector with funding in a tremendous breadth of maturities.

A much anticipated UK Supreme Court ruling that would decide whether the country’s parliament should vote on the invocation of Article 50 — officially starting the Brexit process — failed to stop the sovereign building a record syndication book on Tuesday.

The Principality of Asturias has become the latest Spanish region to issue bonds, rather than accepting loans from Spain's regional liquidity fund, the FLA.

SNCF Mobilités on Thursday took its time to get over the line on a €1bn February 2029 in a euro market that has looked all but bottomless this week.

Although the European high yield market priced only one sterling issuer this week, some debt advisers say the pipeline is building up.

A dual currency financing to back Indian company Intas Pharmaceuticals’ acquisition of a portfolio of assets in the UK and Ireland has netted $650m-$670m of commitments.

Deal after deal has hit screens in euros this week as issuers from all across the public sector spectrum printed in maturities from five to 30 years.

WHSmith, the UK newsagent and bookseller, has signed a £130m five year revolving credit line to use as its working capital facility, it said on Wednesday, while raising its full year profit forecast.

The UK Debt Management Office broke its record book size on Tuesday for the second time in three months, as it also enjoyed a healthy showing from investors outside the country.

While many of the main euro issuers have already scored their big January benchmarks, the pipeline of euro issuance is growing increasingly congested, although the range of maturities on offer should allow borrowers to avoid treading on each other's toes.

Industrial Bank of Korea (IBK) has become the latest issuer from the country to venture offshore, opting for a Reg S only format to speed up execution.

Neerg Energy is set to become the second Indian corporate to sell a dollar green bond, having hired six firms to arrange meetings with global accounts on Tuesday.