HSBC

Vodafone became the latest blue chip company to exploit the attractive arbitrage offered by the convertible bond market at the moment, by raising £600m on Thursday with a highly sought-after deal that involves no risk of issuing new shares.

Northgate — CBQ — Daimler

British American Tobacco has offered the sterling market its second long dated bond in as many days, a £350m 40 year tranche as part of a €1.1bn offering.

Groupe SEB, the unrated French domestic appliances manufacturer, pulled in a €2.5bn order book for a €500m no-grow bond on Wednesday.

A trio of issuers from Finland and Sweden raised €3.5bn of funding in the covered bond market this week with strong receptions and limited spread concessions.

AP Moeller-Maersk, the Danish shipping conglomerate, this week issued its first benchmark euro bond since issuing a profit warning in October. Investors were price sensitive, but bankers away from the a €600m seven year trade were impressed with the book size for such a challenging story.

Another week, another couple of difficult Middle East deals for the CEEMEA market. Bahrain and International Bank of Qatar hit the sizes they wanted but found that pricing stuck stubbornly at initial price thoughts, with international investors beginning to close up shop for 2015.

The European Central Bank has given its strongest hint yet that it could introduce more monetary easing in December, as eurozone periphery issuers enjoyed falling yields and strong demand.

UK building materials producer Breedon is eyeing a move to main market of the London Stock Exchange after its £336m acquisition of competitor Hope Construction Materials.

The China securitization market is proving to be a happy hunting ground for BMW Automotive Finance this year. Five months after a landmark four-tranche transaction, BMW sealed its return this week with a bigger and more aggressively priced Rmb3.5bn ($550m) ABS.

Lonmin's $407m rescue rights issue passed its first hurdle on Thursday (November 19), when shareholders voted strongly to approve the deal. Lonmin's shares fell 2.6%, but that was mild by recent standards.

Cores, the agency which stocks Spain’s fuel supplies, printed its first syndicated bond in over a year on Wednesday. French investors propelled the international demand for the paper.