NatWest Markets

UK supermarket chain WM Morrison Supermarkets, better known as Morrison’s, has triggered an extension option on its £1.35bn revolving credit facility.

Bank Nederlandse Gemeenten has kicked the week off with a long dated tap in euros and a mandate for a follow-up two year dollar benchmark, which will share Tuesday's market with two other dollar trades.

A pair of issuers printed at the two maturity extremes of what is possible in euro benchmarks this week, as the European Central Bank's governing council on Thursday held back from any dramatic announcements that would have opened up a wider range of issuance possibilities.

Yankee banks plundered the dollar market as the high-grade sector got off to a blistering start following the Labor Day holiday.

The sterling market for public sector borrowers woke from its summer slumber with a bang this week, as a series of issuers approached the currency in a variety of ways and for different reasons.

Spanish telecoms provider Telefónica latched onto the swell of investor demand for riskier corners of the European investment grade corporate bond market on Thursday as it issued a €1bn hybrid bond.

Belfius Bank this week sold the first Belgian covered bond to price within a French covered bond. The deal also came with virtually no new issue concession.

The European Investment Bank left bankers cheering on Thursday as it found strong demand for the first long end sterling syndication from a supranational for several years.

SIG Combibloc, the Swiss packaging firm owned by Onex, launched its second repricing request on its leveraged buyout loans with a lender call scheduled for Thursday morning New York time, as replies were due on Armacell's own repricing.

Cavendish Corporate Finance, a UK sellside M&A advisory firm, said it had hired Alistair Hay to run its debt advisory team. Hay previously worked at Ernst & Young and at RBS.

The European Investment Bank has mandated banks to sell a bond in a part of the sterling curve that neither it nor any other supranational or non-UK agency has visited in three years.

WPP, the UK advertising and public relations firm, came to the sterling bond market on Wednesday for a £400m 30 year issue that included a novel choice of bookrunner.