Natixis

Euro supply from public sector institutions is being stifled by a double whammy of ultra low yields in the currency and escalating tensions over Greece's financial future.

French lender Natixis is continuing its push into the Asia Pacifc debt capital markets with a senior hire from ANZ.

It is a stock phrase among bankers that no single deal can reopen the Russian loan market. One or two swallows would not make a summer. But Uralkali’s return with a transaction this week must raise the hopes of the country’s other borrowers.

The European Financial Stability Facility became the first public sector borrower to sell a €3bn syndication in euros after the European Central Bank began a public sector purchase programme in March.

Trafigura Beheer met its size target when it issued a €550m five year bond on Monday, but could not tighten pricing from initial thoughts, in the face of investor caution.

The European Financial Stability Facility is set to create a new pricing benchmark on Tuesday — but the latest Greek worries could make conditions turbulent.

The European high yield market this week was in ebullient mood as borrowers left behind the Easter holidays and brought a wide variety of deals to market.

Some senior unsecured FIG borrowers in euros were met with a less than stellar response from investors this week.

Achmea Bank struggled to drum up interest for a euro print on Thursday, with syndicate bankers away from the deal blaming a limited premium and fears over Greece.

Chinese department store operator Golden Eagle International Trading, which launched a $500m three year bullet into general earlier this month, has signed a facility agreement for a bigger loan with 12 lenders.

Jerrold Holding, the UK mortgage company, on Wednesday announced a £50m tap of its £200m high yield bond sold in 2013, to repay part of its bank debt.

A 12 year socially responsible benchmark from Île-de-France on Tuesday fell short of full subscription as investors shunned the print because of the low yield on offer.