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Northgate Information Solutions, the holding company of NGA Human Resources, the HR software and payroll services provider, has announced a new capital structure following a full debt-to-equity swap of subordinated debt and £320m of new senior debt.

CLS Group added the Hungarian forint to the list of currencies eligible for settlement. The group, which settles trillions of dollars in foreign exchange transactions a month, now settles payment instructions in 18 currencies.

Fresenius SE, the German medical services company, received its second investment grade rating this week with a Moody's one notch upgrade on Monday. But there was little movement in the company's bond prices as market participants said the change had long been priced in.

Geopolitical fears in the wake of the attacks on Paris over the weekend have been not enough to overcome the effect on futures prices of a large supply glut.

Rentenbank equalled its second largest euro benchmark size ever while still managing to tighten pricing with a November 2022 on Tuesday.

AP Moeller-Maersk, the Danish shipping conglomerate, has raised its first benchmark euro bond since issuing a profit warning in October, a €600m seven year trade.

Car and truck manufacturer Daimler is expected to complete a Schuldschein deal in the coming weeks, with the market showing no sign of slowing.

German technology company Körber is expected to close its debut Schuldschein issuance before the month is up, according to a company spokesperson.

Kommuninvest will receive a capital injection from its owners to help meet upcoming leverage ratio rules, but has not ruled out issuing additional tier one paper to raise further capital.

Allied Irish Banks revealed a 90bp jump in its fully-loaded common equity tier one ratio on Tuesday, and wasted no time in mandating banks for a highly anticipated tier two deal.

Hiscox secured strong demand for its £250m 30 year non-call 10 tier two notes on Tuesday as sterling investors showed no signs of fatigue despite a recent spate of subordinated issuance from British insurers.

ING Bank was able to price its debut euro green bond inside its regular senior curve on Tuesday, with bankers estimating a very slim premium for the well subscribed trade.