Intesa Sanpaolo

French satellite group Eutelsat has refinanced €800m of loans with a syndicate of nine.

Prysmian, the unrated Italian cable maker, has issued a seven year bond, increasing the size from €600m to €750m thanks to robust demand.

French luxury goods holding company Kering has issued a €500m seven year bond.

Italian lender Intesa Sanpaolo, the second largest by assets in the country, closed its first Formosa deal on March 13, a 5.25% three year bond that raised Rmb425m ($67.9m).

A trio of issuers took advantage of a lack of senior supply this week to price deals with drastically reduced new issue premiums compared to January.

Intesa Sanpaolo drew a bumper book for a seven year senior print on Wednesday, highlighting the strong bid for an asset class that has seen minimal supply in February.

Eiffage, the French construction company, has refinanced €3.3bn of loans, reducing the margins by two thirds compared with what it used to pay - even though revenues are under pressure from a state toll renegotiation.

Wizz Air, the Hungarian budget airline, is set to close the books for its IPO on Monday night, having revised the price range today – and may refine pricing again on Tuesday.

The IPO of OVS, the Italian clothing retailer, is progressing well, helped by a juicy discount to comparable stocks.

The IPO of OVS, the Italian clothing retailer, is progressing well, helped by a juicy discount to comparable stocks.

Italian electricity company Enel refinanced a €9.4bn credit facility on Thursday and reduced the margin on the loan from 190bp to 80bp over Euribor.

UniCredit and Intesa Sanpaolo reported skinny profits, but knocked it out of the park compared to last year, when both banks took multi billion euro writedowns to prepare their balance sheets for forensic examinations during the European Central Bank’s Asset Quality Review.