Lloyds Bank

Investec is looking for two syndicated loans totalling $530m, one for its South African business and the other for its London arm, according to bankers on the deal.

Banks are grasping at private opportunities throughout their capital curves in search of a safe and affordable source of funding, as a volatile public market proves too rich for bank treasurers' blood and funding costs. Jonathan Breen reports.

TDF Infrastructure, the French broadcasting infrastructure operator, gave investors something to sink their teeth into on Thursday, bringing a €600m bond to a recovering but uneasy corporate bond market.

Lloyds Bank

TDF Infrastructure, the French broadcasting infrastructure operator, gave investors something to get their teeth into on Thursday, bringing a €600m bond to a recovering but uneasy corporate bond market.

Lloyds and Rabobank have been successful with short dated floaters this week and, while investors remain cautious, market tone is gradually improving.

Elevated new issue premiums have become a persistent theme of the FIG market in recent months and bankers say they are unlikely to shrink any time soon.

Financial services firm Hargreaves Lansdown has received as many as 120,000 registrations of interest in the planned public sale of Lloyds Bank shares by the UK government.

Elevated new issue premiums have become a persistent theme of the FIG market in recent months and bankers say they unlikely to shrink any time soon.

Lloyds offered a generous premium on a three year floater on Monday but struggled to generate strong demand, as bankers warned the cautious tone among investors could continue.

Vitol, the Switzerland-headquartered oil trader, has signed its annual loan refinancing, increasing the loans from $7.5bn to $8bn.

Oil trader Vitol is expected to finish its annual financing of flagship loans by Wednesday, according to a banker on the deal.