NatWest Markets

Aluminium manufacturer China Zhongwang Holdings has allocated its $500m three year facility, which saw 14 banks joining in syndication.

Chinese company Huawei Technologies has wrapped up syndication of its debut loan in the European market, as commitments pooled in to take the deal to a larger than targeted size of $1.6bn.

Tank & Rast, the German motorway services company, has softened a margin cut it is seeking on two tranches of a €1.45bn loan, after pushback from funds.

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.

1MDB sets eyes on $2.5bn — Citic in $1bn pricing talks — Agile out with HK$2.665bn — Delta Dunia spins $150m — REC lights up $100m — Springland shops for $250m — CMB Leasing throws open $150m

Rabobank expanded its funding base with a £50m one year floating rate note that it sold to an investor that had never before bought paper from the borrower.

Tank und Rast, the German motorway services company, has softened a margin cut it is seeking on two tranches of a €1.45bn loan, after pushback from funds.

The offshore renminbi market continues to attract new borrowers with a pair Chinese companies preparing to make their debuts in the currency.

CMB Financial Leasing, a subsidiary of China Merchants Bank, opened up a $150m three year term loan into syndication on June 18.

Coventry Building Society drew more than £3.25bn in investor demand as it issued a unique — and likely its only — additional tier one capital deal, in move that could open the door for other mutuals to raise regulatory capital efficiently.

Eurobank on Thursday became the last of Greece’s big four banks to return to the capital markets after the country’s 2010 bailout. While the deal didn’t reach the blowout heights of some of its predecessors, it was received favourably and concluded a strong week of senior issuance that saw Dutch bank ING grab a hefty order book at an aggressive level.

Wm Morrison Supermarkets, the UK’s fourth largest supermarket chain, is preparing to issue a bond, after a period of bad publicity, when its results and strategy have been attacked by shareholders and in the press.