News content

Aircraft lessor Avolon has signed a new $675m secured loan with a margin of 165bp.

With French spring holiday season well under way, Natixis MTN bankers had a good excuse not to come into work, leaving an army of one to hold down the desk.

Elis, the French workwear and bed linen laundry company, priced an €800m bond on Wednesday, its first issue since its €750m Paris IPO in February, to refinance in full its senior secured and subordinated notes.

UniCredit Czech and Slovakia has set the final spread for the first covered bond to be backed by a mix of Czech and Slovakian mortgages. The bond has been expected since the borrower first met investors on a roadshow in November.

NordLB is set to become the first of Germany’s Landesbanken to sell an additional tier one trade, mandating banks on Thursday to roadshow a debut print.

FirstRand has launched its $500m bond at with a spread of less than 100bp over the Republic of South Africa, with the order book for the deal having closed at $1.9bn.

Supranational lender Africa Finance Corp’s Wednesday debut was a “massive exercise in price discovery,” said bankers on the trade. But one that ended with the right spread and an increased deal size on the back of strong demand.

The Securities and Exchange Commission of Pakistan (SECP) brought into force new rules governing real estate investment trusts (Reits) on April 16, loosening up certain restrictions in a bid to encourage more companies to tap the equity capital market.

Liberty Financial priced its A$500m ($386.25m) RMBS backed by non-conforming and prime Australian mortgages, with the ‘A1’ notes pricing 5bp wider than the issuer’s last foray into the market in November.

Nationwide hit the sterling market for a seven year print on Thursday, selling what some bankers reckon could be the last senior sterling before the UK’s general election.

Ahli United Bank sold its $400m tier one bonds on Wednesday, with leads having positioned the deal between Burgan Bank and National Bank of Kuwait.

Indonesia’s Buana Finance is on the hunt for a $65m three year amortiser that comes with a $35m greenshoe option.