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UBS arranged on the evening of Thursday May 21 the sale of a 0.8% stake in media group Daily Mail and General Trust, raising £26.6m for the selling shareholder, DMGT's chairman Viscount Rothermere.

SEB has made its first green loan, transferring the concept from the green bond market, where it is one of the leading bookrunners.

Michelin, the French tyre maker, issued its first bond since 2012 on Tuesday. While the issuer drew good demand for seven and 12 year euro bonds, a proposed 30 year tranche failed to gain traction with investors.

The Kuwaiti investment group behind the London Paramount Entertainment Resort will raise £900m of equity and £3.2bn of debt from Middle Eastern and international banks and investors.

Lloyds Bank priced its second Environmental and Social Governance (ESG) bond on Thursday as ABN Amro lines up to issue the first green bond in euros from a financial institution.

Terex, the US maker of lifting and materials handling machinery, has set out price guidance for a €199m loan repricing that will bring its margin into line with its dollar term loans.

Electricity Supply Board (ESB), Ireland’s state electricity company, pulled together a hefty order book for a 12 year bond on Thursday — bucking a trend of long dated deals proving tricky.

Transurban tapped the euro bond market for a long 10 year on Thursday. It drew a healthy order book, but not as large as that of Electricity Supply Board’s issue on the same day, prompting some bankers to wonder if European issuers might have a home advantage.

The European Central Bank has expressed concern about extreme rates volatility. But until it stops buying and allows the private sector to become re-established, its true mission as liquidity provider of last resort will remain in conflict with its determination to expand its balance sheet.

The European leveraged finance market is facing the possibility of being regulated for the first time, after the European Central Bank demanded very detailed information from eurozone banks about their lending practices, writes Ross Lancaster.

The European block market had one of its busiest weeks with 11 deals executed over just four days, most of them welcomed with open arms by investors. The bullishness is in stark contrast to last week when culled IPOs were in the limelight, with bankers putting the change down to disciplined investors calling the shots.

NordLB reopened a four year public sector backed Pfandbrief on Wednesday in a move which locked in exceptionally cheap funding. But because the deal was largely placed with captive German savings banks, it offered little clue about the state of demand for euro covered bond benchmarks.