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Auto Trader has increased the size of its initial public offering in London, after receiving strong demand from investors in the early stages of the bookbuild. -
A European sovereign and agency have opted to bring euro benchmarks at the long end of the curve on Tuesday, after hiring lead managers on Monday.
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Statkraft, the Norwegian state-owned electricity company, extended its maturity profile by eight years on Monday by issuing a €500m 15 year bond.
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A pair of European public sector borrowers are poised to bring five year dollar benchmarks on Tuesday, a move away from last week’s spurt of three year deals.
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Export Development Canada returned to renminbi on Monday, using the medium term note format to print its largest ever deal in the currency.
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Virgin Media, the UK cable and mobile communications company owned by Liberty Global, printed on Tuesday a senior secured bond issue to refinance debt.
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Air France KLM has hired five banks for a potential hybrid bond issue, as the unrated, high yield airline's €661m convertible bond approaches maturity.
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Holland's NIBC Bank was out with a tap of its July 2018 senior unsecured bond on Monday, originally issued on January 19 this year.
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Renaissance Credit has extended the deadline of its buyback of subordinated bonds due 2018 by a day to allow private banks to get their documentation in order.
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The Bank of Bahrain and Kuwait has released price guidance for its first bond for five years.
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Ukraine intends to restructure $15.3bn of its debt over the next four years, but with little detail, analysts are debating how severe the principal reduction will be.
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A brace of French issuers rounded out a bustling week for the euro market on Friday, with FRNs from BFCM and Carrefour Banque bringing supply to the week to over €10bn.
