Natixis

Areva, the French nuclear power construction group, issued a €750m nine year bond today that was solidly oversubscribed, but was not the blowout enjoyed by Teollisuuden Voima a week ago.

Natixis has hired Eric Le Brusq, the ex-global head of equities and derivatives sales at BNP Paribas in London, as global head of equity derivatives sales, also in London.

A group of 15 banks are tipped to win the mandate for the new loan for agricultural products supplier Olam International, which is expected to launch at $1.2bn.

Nordex signs guarantee facility — Eramet mandates for loan — Ceva Sante sets date

Credit Suisse drew in €3.3bn of demand for its €1.75bn five year deal, the biggest of 2014 as generous pricing and name recognition spurred demand. By contrast, La Caisse Centrale Desjardins du Quebec pulled in a relatively anaemic book €1.2bn for its inaugural legislative €1bn five year deal.

French veterinary vaccines maker Ceva Sante Animale will begin to market a €700m-equivalent refinancing term loan at bank meetings next week.

French metals group Eramet has launched a borrowing base facility into the loan market.

The high yield market is repricing – and despite one of the most alarming episodes in post-Cold War history, it is repricing tighter.

BPCE declared that investors had been given enough of a break from seven year supply on Wednesday, and it found demand undiminished in the market’s sweet spot.

Labeyrie Fine Foods, the French seafood and foie gras business, wants to sell some €275m of debut bonds.

Olam International, a supplier of agricultural products and food ingredients, is seeking a loan of around $900m and is due to mandate banks at the top level soon.

The European market will have to wait. After talk that Ceva Santé Animale, the French maker of veterinary vaccines, would raise the first euro-only covenant-lite leveraged loan since the financial crisis, it has now emerged that the €700m transaction will also include a dollar tranche.