Nordea Markets

Ontario Teachers’ Pension Plan launched on Monday evening a block trade for all the shares it holds in ISS, the Danish cleaning firm.

Corporate bond markets snapped into bullish mode on Friday as the effect of Mario Draghi’s renewed monetary stimulus kicked spread tightening into full throttle.

Swedish call centre operator, Transcom Worldwide, has changed the make-up of its bank group in an otherwise straightforward refinancing deal signed on Wednesday.

Bank Nederlandse Gemeenten is this week set to be only the second issuer in 2016 to attempt a 10 year dollar benchmark, while a trio of other SSAs are also entering a dollar market bouncing from strong US jobs data on March 4.

KfW is set to print a 10 year euro benchmark, following in the footsteps of Belgium and Finland, this week as issuers attempt to conclude funding before the European Central Bank’s meeting on March 10.

Cinven sold a Skr735m ($86m) block of shares in Swedish outsourcing company Coor Service Management on Thursday last week. The deal represented a whopping 250 days of average trading in the stock.

Two European sovereigns mandated for benchmark bonds in euros on Monday leading what is expected to be a scramble to get in and out of the primary market before the European Central Bank meeting on March 10.

Coal is about the most basic commodity. It has become deeply unfashionable in recent years, tarred as the worst culprit in global warming. The charge may be true, but the accusations are so vehement partly because promoters of other hydrocarbons — oil, gas, biofuels — want to disguise their own responsibility.

The SSA market has seen a steady stream of activity across the euro and dollar markets this week. The European Stability Mechanism priced the week’s biggest deal on Tuesday, printing €4bn in 10 and 40 year tenors. Meanwhile African Development Bank led the charge in dollars, preparing to print a $1bn no-grow in its first benchmark deal of the year.

The Russian loan market has brought its first dollar deal of the year with Siberian Coal Energy Company (SUEK) signing a long-awaited $1bn pre-export finance facility. The deal is its first syndicated loan since January 2014 and exceeds the size of any Russian loan of 2015.

Austria has printed €5bn in a dual tranche issuance, pricing in 10 and 30 year tenors as the sovereign took advantage of a window of opportunity arising from a rally in global equities.

Austria is to print a 10 year benchmark as investor sentiment rebounded after a torrid time last week as BNG priced a seven year bond.