Natixis

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.

Abengoa, the Spanish engineering and renewable energy firm, on Thursday ticked the savings box with €375m of senior unsecured notes that achieved final terms below the 8.5% 2016 bond they are set to repay.

Orange Switzerland on Thursday priced below guidance a four tranche, dual currency Sfr2bn bond that includes a Sfr150m dividend for its new owner, Xavier Niel’s fund NJJ Capital.

Île-de-France is set to sell its second ever socially responsible bond on Tuesday, announcing a trade soon after a sustainability bond from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO) on Monday.

ZF Friedrichshafen is preparing to launch its long-awaited first public bond, to refinance its acquisition of TRW Holding of the US last year.

RCI Banque, the customer finance arm of French car maker Renault, on Wednesday issued a €750m 3.25 year floating rate note, continuing a run of issuance of short dated floaters by frequent issuers, which shows the product’s strong appeal to investors.

Siaci Saint Honoré, the French insurance broker, has tightened pricing on a €285m acquisition loan and is due to allocate the facility today (Friday).