Natixis

Phoenix Group Holdings, the UK life insurer and asset manager, will carry out a £735m rights issue to partly finance its takeover of Abbey Life, which it announced on Wednesday morning, causing its share price to rise by 3.6%.

Oman left a chunky new issue premium on the table with its latest $1.5bn bond sale, but with competing supply looming, and a market backdrop that included two pulled trades, EM bankers said it was a prudent move that resulted in a great trade and over $4bn of orders.

Ghana Coco Board (Cocobod), which oversees the processing and marketing of cocoa in the African country, has named the 23 international lenders providing its yearly loan of $1.8bn.

The ebullient tone that characterised the first three weeks of September has faded as investors begin to fret over the US presidential election on November 8, but there is still life in the SSA market.

A flurry of equity-linked bond transactions were launched in France this week, including an exchangeable from Crédit Agricole into Eurazeo shares, a rare hybrid perpetual deal from Eramet, the mining company, and a similar €160m buyback by Assystem. And in Spain, Indra Systemas got cracking with its own refinancing exchangeable.

A pair of public sector borrowers were able to sell tightly priced euro deals on Tuesday, with another two trades likely to follow on Wednesday.

Spanish natural gas utility Enagás is in talks with its relationship banks to refinance a €1.5bn revolving credit facility.

Natixis has created three new business lines for its Asia Pacific corporate and investment banking (CIB) business, putting Damien Cleris, Bruno le Saint and Raghu Narain in charge.

A French agency is set to bring a euro benchmark in the shortest tenor seen since the end of the summer, while a Dutch agency is about to sell its longest dated syndication ever in the currency.

China National Chemical Corp’s $12.7bn acquisition loan for Syngenta, which drew eight commitments during general syndication, is expected be signed with the new lenders in the next two weeks, according to bankers.

French retail group Fnac printed its €650m seven year notes at 3.25% on Thursday, below the deal's initial price range, as it won plenty of demand from domestic investors.

ANZ pulled in the lowest coupon for a 10 year senior bond since the financial crisis on Thursday, as it joined BPCE and NIBC in a FIG market buoyed by the Federal Reserve’s decision to leave rates unchanged.