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Rating: A2/A/A+ Amount: Eu250m

Rating: Aa3/A+/AA- Amount: $500m

Rating: A1/A+/A+ Amount: Eu500m

Support agreement: from Crédit Agricole SA Rating: Aa3/A+

Banks in the high yield bond market this week proposed a new structure for deals, which could give investors a stronger claim to repayment in the event of default. Credit Suisse First Boston, Lehman Brothers and RBS, which are arranging a Eu600m equivalent high yield bond for Legrand, the French plug and switch maker, have asked Legrand's lending banks to agree to a waiver to allow this.

Rating: Aa3/AA-/AA Amount: A$100m

Rating: Aaa/AAA/AAA Amount: Eu1.5bn obligations foncières

The covered bond market continued its recent successes with another flurry of issues this week. The two transactions which stood out were from Compagnie de Financement Foncier (CFF) and EuroHypo. Both transactions were launched on Wednesday. Barclays Capital and CDC IXIS lead managed a Eu1.5bn 3.635% five year obligation foncière for CFF, while EuroHypo brought a Eu3bn 4.5% 10 year Öffentlicher Pfandbrief through Commerzbank, Deutsche Bank and Dresdner Kleinwort Wasserstein (DrKW).

Crédit Agricole Indosuez has proved the extraordinary depth of the Asian retail market for tier one capital paper with a $1.5bn preference share issue that was priced with a coupon of 7.00%. Bookrunners Crédit Agricole Indosuez (CAI), JP Morgan and Morgan Stanley attracted $2.4bn in demand. Around 70% of that was from retail and the average ticket size was only $7m.

Crédit Agricole Indosuez has proved the extraordinary depth of the Asian retail market for tier one capital paper with a $1.5bn preference share issue that was priced with a coupon of 7.00%. Bookrunners Crédit Agricole Indosuez (CAI), JP Morgan and Morgan Stanley attracted $2.4bn in demand. Around 70% of that was from retail and the average ticket size was only $7m.

Guarantor: Argenta Banque d'Epargne SA, Belgique, Argenta Bank en Verzerkeringsgroup NV Amount: Eu50m

Burns Philp, the multinational natural food ingredients company, is on course for its A$2.4bn acquisition of Goodman Fielder, Australia's largest food company, after the takeovers panel insisted on only minor changes in conditions attached to the offer. The changes enable Goodman Fielder shareholders to withdraw their acceptance of the offer until 10 days after Burns Philp publishes the final terms and conditions of its finance facilities. Additionally, Burns Philp agreed to withdraw its right to scrap the bid should some adverse change occur or if financial markets fall sharply.