NatWest Markets
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Nationwide and Caixabank launched the only two covered bonds this week. Despite both issuers getting the funding they wanted, the final outcome was poor in comparison to past standards.
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Obrascon Huarte Lain, the Spanish construction company, wants to sell a €425m eight year non-call three bond that would push out its first bond repayment to 2020.
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Spanish construction company Actividades de Construcción y Servicios has issued its first non-convertible bond: a €500m five year.
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A European sovereign and agency have opted to bring euro benchmarks at the long end of the curve on Tuesday, after hiring lead managers on Monday.
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Statkraft, the Norwegian state-owned electricity company, extended its maturity profile by eight years on Monday by issuing a €500m 15 year bond.
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APT Pipelines, the Australian oil and gas pipeline company, issued €2.19bn equivalent of euro and sterling bonds today - an unusually big and complex corporate bond for a Friday.
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Beijing Infrastructure Investment printed its first ever euro bond on March 12, raising €500m ($529m) with a three year transaction.
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The Housing Finance Corp has raised £194m, which it will lend to 12 UK housing associations, with a second tap of its 2042 bond, guaranteed by the UK government.
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Dutch insurer NN Group enjoyed a favourable reception for its debut senior print on Wednesday, shaking off any concerns about a weaker secondary market to attract a comfortable oversubscription.
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Far East Horizon’s latest borrowing has risen to $350m from its launch size of $200m, on the back of robust demand.
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Pittsburgh-based glass and industrial coatings company PPG issued a €1.2bn dual tranche euro bond today, its first since 2005.
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Noble Group, a supplier of commodities, was expected to send out term sheets to its relationship banks for a borrowing of $3bn on March 6.