News content

Trafigura Beheer met its size target when it issued a €550m five year bond on Monday, but could not tighten pricing from initial thoughts, in the face of investor caution.

Brisa Concessão Rodoviária (BCR), the largest motorway concessionaire in Portugal, has issued its first bond since Moody’s restored its investment grade rating late last year.

Redexis Gas, the Spanish gas distribution company, issued its second bond, a €250m 12 year, on Monday, after a three day roadshow last week.

Investors trading euro/dollar and cable options do not appear concerned about Greece’s potential eurozone exit or medium term effects of UK elections, according to strategists.

KfW has mandated banks for a 10 year dollar benchmark, keeping up a trend by SSAs to print at the longer end of the curve.

The European Financial Stability Facility is set to create a new pricing benchmark on Tuesday — but the latest Greek worries could make conditions turbulent.

Inter-American Development Bank opened books on an October 2025 Kangaroo bond on Monday.

Telenet, the Belgian cable telecoms company owned by Liberty Global, has launched a €1bn loan to back its acquisition of Base, the mobile network operator.

German plastic packaging maker Kloeckner Pentaplast's leveraged loan has found strong demand, enabling it to tighten pricing, close it early and increase the loan by €50m.

Norwegian oilfield services company Archer has amended the terms on a $750m revolving credit facility to allow more financial flexibility, amid severe headwinds for the oil industry.

Despite an improved market on Monday and a fuller pipeline, FIG issuers are expected to stay away from the primary market in the coming days.

If Germany’s draft law on senior bail-in is passed unaltered, it would bring the liability hierarchy of the country’s banks closer to Europe’s “de facto scenario”, according to Moody’s.