ING

Green corporate bond investors had plenty to sink their teeth into on Thursday, with electric utlities E.On bringing three tranches and Red Electrica making its debut in the format.

Crédit Agricole Italia marketed a dual-tranche bond with eight year and 25 year maturities. A steeper curve helped the longer tranche offer a higher pickup against the shorter bond, but investors still placed hefty orders on both tenors.

Turkiye Sinai Kalkinma Bankasi (TSKB) has mandated for a five year senior unsecured dollar bond as investors breathed a sigh of relief over the calming of tensions between the US and Iran.

The UK’s National Grid Electricity Transmission is set to make its debut green bond issue in euros, when it returns to the currency for the first time for more than a decade.

Norwegian oil exploration and production company Aker BP is positioning itself as an investment grade issuer with a new dual tranche dollar mandate, with a call targeting bond buyers with IG mandates, and an unsecured issue structure. The company received its second IG rating last November.

Asian bond issuers went full speed ahead with their fundraising plans on Monday, launching new deals ahead of Chinese New Year holidays at the end of the month.

TrailStone Group, the gas and power trader and investor based in London, has closed the year with a €150m revolving credit facility, which complies with the Green Loan Principles.

UK fund Sequoia Economic Infrastructure Fund, which invests in infrastructure debt, has increased its multi-currency revolver for the second time since May, enlarging it from £200m to £280m.

The average number of primary dealerships in the European Union has dropped to equal the lowest on record, according the Association for Financial Markets in Europe’s latest government bond data report.

Power company Electricité de France has agreed to buy back almost €1.2bn-equivalent of its hybrid capital bonds, marking the end of a busy period for the company in the debt markets.

Investec has entered the loan market for the third time this year, taking a $450m two year term loan from a range of international lenders.

JAB Holding, the consumer products holding company, steepened its credit curve this week with its dual tranche bond, as it preferred securing demand over squeezing investors on pricing.