Norway

Aurora Shipping has signed a €200m credit facility with two lenders to finance four new-build vessels.

Daimler Canada Finance, a subsidiary of Daimler, made a rare outing in Norwegian kroner on Wednesday, printing a five year bond.

Prosafe, which provides offshore accommodation for oil rigs, announced on Tuesday that it had negotiated changes to the terms of loans signed less than 12 months ago.

Lloyds issued the first sterling covered bond of the year and was quickly followed by two overseas issuers who priced deals at successively wider levels.

Eleven covered bonds were priced in the first week of 2016 despite the onset of European holidays and US non-farm payroll data.

Serendex Pharmaceuticals, the Danish healthcare company, has completed its Nkr111.8m ($12.5m) rights issue, having achieved full subscription.

Norwegian shipping company Havila has conducted a restructuring of its debt after operating cashflows dwindled in the second half of 2015.

Norway listed shipping companies Frontline and Nordic American Tankers closed their respective refinancing deals on Thursday. They joined a wave of the region’s borrowers seeking to close deals ahead of the holiday season.

Norwegian Air, the unrated low cost airline, came to the European high yield market on Tuesday and sold €125m of unsecured notes, expanding its all-Norwegian krone denominated bond funding to euros for the first time.

TeliaSonera, the Swedish telecoms firm, returned to the Norwegian krone bond market with a 15 year note on Tuesday, its second outing in the currency this year.

B2 Holding, the Norwegian debt management company, printed on Thursday its debut bond as it refinances its debts to support further acquisitions.

Flat Glass Group Co has announced terms for an up to HK1.21bn ($155.61m) listing in Hong Kong ahead of launching the trade on November 16.