Natixis
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French hotel chain B&B Hotels has allocated a €175m senior secured loan that will refinance existing debt.
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Private healthcare group Generale de Santé will hold a bank meeting this week for a €1.75bn loan to back its takeover by Ramsay Santé.
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Middle East-focused oil trader BB Energy has signed an oversubscribed $175m one year loan from 20 banks, in a deal that lenders say typifies the ample cash available to borrowers.
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Carrefour, the French supermarket group, launched its first bond issue on Monday for over a year. Despite markets being weaker than last week, the deal attracted a much bigger book than any of last week’s issues.
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French former mortgage lender Caisse Centrale du Crédit Immobilier and Dexia Crédit Local took to what market participants described as a wobbly market this week, offering investors government guaranteed bonds that both brought in large books.
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German industrial packaging group Mauser this week priced the tranches of its $1.6bn acquisition loan at the tight end of guidance and inside it, while keeping covenant-lite terms on all tranches but one.
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Bahrain's Arab Banking Corp launched a $500m three year syndicated loan into the market on Thursday morning, becoming the second Gulf bank to come to the market after seven years away.
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Bayerische Landesbank took advantage of an empty market to price what could be one of the last covered bonds before the summer lull kicks in. The €500m seven year Pfandbrief attracted a heavily oversubscribed and granular book that gained solid momentum from the start — in contrast to other recently issued Pfandbriefe.
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Dexia Crédit Local hit the market on Wednesday with a three year senior bond guaranteed by Belgium, France and Luxembourg, following on the heels of Caisse Centrale du Crédit Immobilier de France’s successful €1bn GG senior on Tuesday.
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German industrial packaging group Mauser has priced the tranches of its $1.6bn acquisition loan at the tight end of guidance and inside it, while keeping covenant-lite terms on all tranches but one.
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Caisse Centrale du Crédit Immobilier de France is alone in the European senior unsecured bond market on Tuesday, and is set to sell its latest government guaranteed deal.
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UK insurer Aviva and French bank BPCE are out with euro denominated tier two deals on Thursday as the FIG market recovers from a slight sell-off following the shock revision of US first quarter GDP figures showing a 2.9% contraction.