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A 10 year euro benchmark for Bank Nederlandse Gemeenten did not hit full subscription on Tuesday, despite offering a decent new issue premium.

Portugal is looking to take advantage of improving sentiment around Greece with a dual tap — but not every periphery issuer has been able to capitalise on events in Athens.

Cyprus dipped into a market that has become at least temporarily more relaxed about the prospect of a Greek default, raising €1bn of seven year cash.

Jerrold Holdings, the UK mortgage lender, priced a £100m tap of its debut high yield bond, double the £50m it initially sought, on Monday to repay some of its banking debt.

Strategic Value Partners, the distressed investment firm, has hired Ian Guthrie, formerly of Lloyds Banking Group, to its advisory council.

UBM Group, the UK marketing and communications company, has signed a £400m five year revolving credit facility with its core relationship banks.

Bristol-Myers Squibb held an investor call for a euro bond on Tuesday after its first quarter 2015 results announcement. The US pharmaceutical company completed a European roadshow just before Easter.

SIG Combibloc, the Swiss drinks carton maker that issued one of this year’s biggest blowouts in the European leveraged loan market, is testing its popularity by repricing the loan, which it closed only at the beginning of February.

Commerzbank took advantage of its strong quarterly results to sell new shares on Monday night to bolster its capital ratio, via an accelerated bookbuild that raised €1.378bn.

Kungsleden, the Swedish commercial property firm, has signed a five year credit facility for Skr3.8bn (€405m). Part of the loan is a refinancing and part is new debt.

Club Med has allocated its €400m acquisition loan to early bird lenders, avoiding a process of general syndication, after commitments filled the book during its pre-launch stage.

Central Bank of Savings Banks Finland lured senior unsecured investors into a debut five year euro print on Tuesday, tightening the deal by 7bp from initial guidance.