ING

The vogue for gym IPOs looks set to continue, with Basic-Fit of the Netherlands announcing an intention to float on Tuesday.

Swiss chocolate manufacturer Barry Callebaut was on Tuesday five times subscribed on a bond offering after testing European investors’ palates during a five day roadshow.

Philips, the Dutch household electronics firm, has agreed about €1.7bn of loans for its Philips Lighting unit, giving the subsidiary access to standalone funding as it prepares for a public listing.

Samsonite International has signed a credit agreement with its lenders for the $2.425bn financing it took out to back its takeover of premium luggage maker Tumi, according to a company filing.

Spanish property developer Metrovacesa on Friday printed a €700m deal, winning a healthy order book that proved the European corporate bond market still has legs despite heavy supply.

Sif Group, the Dutch maker of tubular foundations for offshore wind turbines and oil and gas rigs, succeeded in its second attempt at an IPO on Wednesday, and its shares closed flat after their debut on Thursday.

Water management provider Suez Environnement on Thursday launched the only deal of the day, a €500m note that printed with a small new issue premium.

US biopharmaceutical firm Johnson & Johnson on Wednesday issued a four tranche bond, including 19 year notes, amid much competition in a market that absorbed 17 deals this week.

Commodities trader Noble Group has wrapped up a $1bn committed unsecured revolver with 25 banks joining the transaction, alongside a $2bn revolving borrowing base facility.

Turkiye Sinai Kalkinma Bankasi (TSKB) has tightened price guidance for the first ever green bond from CEEMEA and demand seems strong enough that it could even be printed inside the development bank’s senior conventional curve.

Double-B rated issuers WEPA Hygieneprodukte, Europe’s leading privately owned tissue manufacturer, and Barry Callebaut, the Swiss chocolate producer, both followed Volvo’s lead in launching bonds on Monday, helping to keep a stuttering primary market active.

Oil products storage and distribution firm Puma Energy has increased the size of its latest revolver to $800m from $500m, with 35 lenders making commitments. The company has also managed to extend the maturity on part of a three year facility raised last year.