ING

ING is planning to bring on a director of leveraged capital markets from Société Générale early next year.

Henrik Ljungstrom has left his role on ING's loan syndicate and sales team after almost three years.

US machinery manufacturer, John Deere, returned to the euro corporate bond market on Tuesday, selling its second deal in September. The €500m five year deal was issued by the company’s John Deere Bank entity.

Hungary is set to take advantage of lower rates in euros to buy back its more expensive outstanding dollar debt.

Montea, the Belgian real estate investment trust focused on logistics warehouses, has raised €68m, after its one for six rights issue was 91% subscribed, and a rump sale disposed of the rest this morning.

Canadian car parts maker Magna International and French property company Gecina both priced 10 year deals in the European corporate bond market this week. Magna had waited two years since its last euro issue, Gecina just three months.

Spanish gas distribution company NorteGas Energía Distribución was the only investment grade corporate bond issuer in the euro corporate bond market on Thursday. Its debut deal was a €1.3bn five year and 10 year dual tranche offering with order books totalling €5.4bn.

Stada Arzneimittel, the German pharmaceuticals firm being bought in a €5.3bn deal by Bain Capital and Cinven, opened a bond roadshow on Monday after marketing €2bn of leveraged loans last week .

Financial bond market participants are set to end the week with nearly as many new issue mandates as priced deals, as appealing market conditions in September have prompted banks to test investor appetite in a variety of bond formats. Aktia, a small Finnish bank, was the latest to throw its hat into the ring.

Spanish gas distribution company, NorteGas Energía Distribución, was the only investment grade corporate bond issuer in the euro market on Thursday. Its debut deal was a €1.3bn five year and 10 year dual tranche offering.

The German pharmaceutical company, Stada, and the UK housebuilder, Miller Homes, both complete their high yield bond roadshows on Wednesday with the deals expected to follow before the end of the week.

ING raised €1bn of new 12 year non-call seven tier two bonds without paying any new issue premium on Tuesday, despite offering investors the chance to invest in a nearly identical deal earlier in the year.