Natixis

French engineering and construction services firm Spie this week cut margins on its €625m 4.5m year bullet term loan E and let another bank onto its arranging ticket.

French investment company Wendel issued a €200m tap of its October 2024 bond on Wednesday, and has reduced the amount of its revolving credit facilities.

Publicis, the French PR and advertising firm, issued €1.2bn of bonds on Tuesday, equally split between seven and 10 year tranches. The proceeds will be used to fund its acquisition of US marketing and consultancy company Sapient.

Natixis is hoping to play a more active role in the Asian debt market through the hiring of Kin Liu who will be part of the bank’s origination team in Hong Kong.

Moody’s has downgraded the corporate rating of Spie, the French engineering and communications services firm, from B1 to B2 in response to a €2bn refinancing exercise.

Gunvor International and Gunvor SA, subsidiaries of Gunvor Group, have signed a $1bn revolving credit facility with a syndicate of 25 banks, down from 38 on its $1.5bn loan a year ago.

Constellium, the Paris-headquartered aluminium producer, launched a €535m-equivalent bond on Friday December 5, to back its plans to buy US drinks can sheet manufacturer Wise.

Spie, the French engineering and communications firm, gave price guidance for its €911m loan at a London bank meeting on Monday.

Grupo Actividades de Construcción y Servicios (ACS) of Spain is in talks with a group of banks to refinance €2.2bn of debt, and plans to complete the deal in January 2015.

Imerys, the French industrial minerals supplier, tapped its 2.5% November 2020 bond for €100m ($124.34) and issued a new €500m 10 year on Wednesday.

Imerys, the French industrial minerals supplier, has mandated six banks for a tap of its 2.5% November 2020 bond and a new 10 year benchmark issue.

French supermarket group Groupe Casino priced a €650m ($514.37m) 10.2 year bond on Tuesday, its third issue of the year. But its credit spreads have widened a little since its last deal on July 30.