ING

The syndication timeline for a $145m loan backing the Blackstone Group’s acquisition of some Indian assets has been pushed back.

SNS Bank sold €500m of tier two debt on Thursday, making a convincing return to capital issuance having been expropriated by the Dutch government in 2013.

Romanian utility company CEZ Distribution has signed a Leu675m (€152m) EBRD-arranged financing which is the first long tenor syndicated loan in Romanian new lei that the development bank has arranged.

The syndication timeline for a $145m loan backing the Blackstone Group’s acquisition of some Indian assets has been pushed back.

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

There were no new issues in the European FIG market on Monday, but bankers are optimistic that bank capital could return this week.

A syndicate banker on ING’s high yield and emerging markets desk has left his position at the bank.

Abu Dhabi Commercial Bank this week made a rare appearance in Hong Kong dollars, selling what is only its second private MTN in the currency in nearly eight years.

ING has laid out the shape of its high yield joint venture between lending and DCM, which will be headed by new arrival Dominique LeMaire.

Wells Fargo secured strong demand for its longer dated senior paper on Monday, making it the second North American bank to target euros after third quarter results were published last week.

Garfunkelux, the German debt collection company, on Thursday issued £795m of notes in the first sizeable European high yield issue for three weeks. Market participants are now eager to see if other issuers finally follow in its steps.

SNS Bank raised hopes of more capital issuance when it named leads for a euro denominated tier two transaction on Thursday but the trade may be a tough sell.