Natixis

Natixis posted solid third quarter results on Wednesday, with a 21% rise in net income, partly driven by bigger asset management revenues, but its capital markets business dropped sharply year on year.

Though everyone in the European bond market knew Apple’s long-awaited debut was coming today, Société des Autoroutes Paris-Rhin-Rhône was not deterred from launching a big deal of its own on the same day.

For the first time the European Central Bank waded into the primary market for covered bonds for its third purchase programme (CBPP3) this week, as eurozone issuers from the currency bloc’s core and periphery returned after a long hiatus. The central bank’s buying may not be so good for core issuers but the evidence so far suggests peripheral names who have been locked out are about to bask in its largesse.

Louis Dreyfus — Geberit — Heathrow — Arkema

Louis Dreyfus Commodities is refinancing a loan facility raised in December 2011, reducing the amount from $800m to $600m.

French chemicals company Arkema has closed the syndication of the €1.5bn bridge facility for its €1.74bn acquisition of Bostik.

Arkema, the French chemicals company, launched its hybrid bond issue successfully on Thursday, having decided to press ahead with the deal despite market conditions that are much less favourable for higher risk deals than in September.

YIT — EuropaCorp — Notemachine

Arkema, the French chemicals company, launched its hybrid bond issue successfully on Thursday, having decided to press ahead with the deal despite market conditions that are much less favourable for higher risk deals than in September.

French film studio EuropaCorp has closed $450m of five year loans with a $150m accordion option, replacing its existing $160m revolving credit facility. The company says it will use the increased financing to fund English language movies.

Türkiye Iş Bankasi has tightened price guidance to 340bp area over mid-swaps on a 5.5 year dollar benchmark bond, bringing the third Turkish financial institution bond in a fortnight — after Yapi Kredi and TSKB — and offering around a 10bp new issue premium.

Arkema’s roadshow for its possible €600m-€700m perpetual non-call six year hybrid bond issue finished today in Germany, following investor meetings in Paris and London which the leads say were well attended.