ING

Orange returned to the European benchmark bond market on Tuesday after a two year hiatus, as it issued a €750m nine year transaction that benefited from the company's infrequent issuance.

Dutch bank ING is to expand its presence in Colombia as it looks to take advantage of the South American country’s vast infrastructure needs.

Inovyn, the UK-headquartered PVC producer 50% owned by Ineos, and Telenet, the Belgium broadband services provider owned by Liberty Global, both had replies due on Thursday for loan packages.

Nederlandse Gasunie, the Dutch state-owned gas transmission company, issued a €650m 10 year bond on Wednesday that drew in investors by leaving some concessions on the table.

Rexel, the French distributor of electrical supplies, on Wednesday sold €650m of unsecured notes on a day when investment grade buyers moved into the high yield market.

Chemicals producer Inovyn on Tuesday began the roadshow for a €300m secured bond that will replace a portion of term loan ‘B’ funding being issued to support its full takeover by Ineos.

Turkey’s Garanti Bank has increased the amount of dollar commitments in its latest loan refinancing versus the expiring deal, bucking the recent trend or the country’s banks.

Nynas — Taghleef

Kering, the French luxury goods company, issued a €500m no-grow transaction on Thursday that saw some orders drop out but still came with a negative new issue premium.

Kuoni, the Swiss travel company, and Novacap, the French pharmaceuticals and chemicals firm, set price talk on their loan packages following bank meetings on Thursday morning.

Novacap, the French pharmaceutical and chemical group, has launched €525m of debt to back its buyout by Eurazeo.

Bank of China Luxembourg has signed its debut syndicated loan after ICBC’s London subsidiary signed a $1bn deal last year.