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A pipeline of financial institution deals is assembling following the Easter break, with ING hitting the road for its additional tier one deal in three continents and Achmea announcing a senior unsecured transaction.

French satellite group Eutelsat has refinanced €800m of loans with a syndicate of nine.

Formosa Plastics Group has mandated four banks to run a series of fixed income investor meetings next week ahead of a potential US dollar bond.

This has been the busiest first quarter ever for equity capital markets globally, driven by record activity in Europe, the Middle East and Africa and a near-record output in the Americas, writes Jon Hay.

National Bank of Kuwait made its first appearance in the capital markets since 2002, bypassing senior unsecured to sell a $700m additional tier one trade on Wednesday.

DVB Bank fell foul of Germany’s recent draft legislation on the status of senior debt on Tuesday, with a new issue failing to draw interest despite a juicy new issue premium.

UK energy company Centrica has sold its first hybrid bonds, as prospects for issuance of the subordinated instruments remains strong.

Taiwan’s TPK Holding raised $384m from a simultaneous convertible bond and placement of shares, this week, bringing welcome relief to the equity-linked drought in Asia ex-Japan. The overwhelming investor response and solid aftermarket performance proved there is a hunger for paper, writes Rashmi Kumar. But the market is only open for the right names at the right terms, bankers warned.

Hong Kong has picked banks for the follow-up to its record-setting debut sukuk.

Two big loans to back European acquisitions by Asian borrowers have underscored the strong appetite in the region for outbound M&A. But the deals may not help syndicated loan volumes in Asia. They are likely to be mostly sold into the European market, where there has been pricing compression, writes Shruti Chaturvedi.

Scentre, the Australian company that owns and operates the Westfield shopping centres in Australia and New Zealand, has issued a £400m seven year bond.

Dutch grain trader Nidera is still arranging an $800m loan that has been in the market for at least three months.