Santander

Shares in Abengoa, the troubled Spanish renewable energy company, plunged again on Thursday and its credit default swap spread widened sharply, on unconfirmed reports in the Spanish press that banks including Bank of America Merrill Lynch, Citigroup and Société Générale had declined to underwrite its rights issue.

UniCredit Bank Austria (Baca) returned to the covered bond market on Tuesday to issue the first Austrian Pfandbrief since the country’s Financial Markets Authority (FMA) announced a debt moratorium on bonds issued by Heta Asset Resolution AG (HAR).

French hotel group Accor showed that demand is strong for even weaker investment grade credits on Thursday, drawing a rush of orders for a new eight year benchmark.

Two French borrowers took advantage of a resurgent corporate bond market on Wednesday, with electrical components manufacturer Schneider Electric and real estate company Icade selling euro debt.

UK energy company SSE opened up the week’s issuance for corporate bonds on Tuesday. While the issuer faced less than ideal market conditions its success presaged a rush of issuance later in the week.

A resurgent Spanish corporate finance market is putting the expansion plans of Spain’s national champions to the test, at home and abroad, writes David Rothnie.

UK energy company SSE opened up the week’s issuance for corporate bonds on Tuesday, overcoming less-than-ideal market conditions to gather a solidly oversubscribed order book for an eight year bond.

The UK’s gargantuan £4.2bn infrastructure project, the Thames Tideway Tunnel, will delight institutional investors and bankers alike with as much as £2.8bn of rare inflation-linked bond issuance. Elly Whittaker reports.

WoDS Transmission, the company which will operate the offshore transmission system for a wind farm off the coast of England, is set to make its bond market debut this week with a benchmark sterling print.

KazMunaiGas - Socar - Turkish Airlines - IAG - Northgate

Volkswagen Leasing was the sole issuer to tap the euro market on Monday, brushing off any fears about investor engagement in August by gathering an almost four times subscribed book for a €1.5bn print.

Abbey National launched a minimum €250m reopening of a 2019 floating rate note on Thursday, looking to bring the size of an original €500m deal above €1bn after a series of taps last year.