ING

A $500m five year loan for Stats ChipPac, which launched in mid September, has received commitments from three banks, according to sources familiar with the deal.

Xior Student Housing, the Belgian real estate company focused on student accommodation, on Thursday declared its intention to float on Euronext Brussels.

Six borrowers raised nearly €5bn in the covered bond market this week, once again surpassing supply expectations. The star attraction, notable for both its size and tenor, was a €1.5bn three year from the Norwegian issuer, Sparebank 1 Boligkreditt.

Mölnlycke, the Swedish maker of wound dressings and surgical gloves, issued a €500m eight year bond on Monday, as the corporate bond market’s awakening from earnings blackouts continued apace.

Swiss foods group Nestlé issued a €500m no-grow bond on Wednesday, clinching a 25bp spread over mid-swaps and still drawing a €1.6bn order book.

ING Bank and Société Générale announced roadshows for forthcoming senior green bond transactions this week, as the asset class showed signs of playing a more familiar role in banks’ funding plans.

Swiss foods group Nestlé issued a €500m no-grow bond today, clinching a 25bp spread over mid-swaps and still drawing a €1.6bn order book.

Russian steelmaker Evraz has been in talks with banks for a syndicated loan for some time, but bankers said this week that the firm will likely stick to bilateral loans instead.

Mölnlycke, the Swedish maker of wound dressings and surgical gloves, issued a €500m eight year bond on Monday, as the corporate bond market’s awakening from earnings blackouts continued apace.

The Commercial Bank of Dubai has mandated six banks to arrange a Reg S dollar benchmark bond, and is starting the roadshow for the deal on Thursday.

Eurogrid, the German electricity grid operator, swept through the primary bond market at pace on Tuesday with an €880m dual tranche issue that showed there was life in the long dated market.

ING is awaiting commitments from Gategroup’s relationship banks for a €250m facility it underwrote last week, according to a banker on the deal.