Société Générale

Instituto de Crédito Oficial re-entered the dollar syndication market for the first time since 2014 this week, with a deal that bankers said both highlighted the faith investors have in the Spanish recovery story and the sheer depth of demand in the currency.

One of Europe’s oldest corporate lending markets could be forging closer ties with one of its newest. The straightforward documentation of the loan market combined with longer maturities available in the Euro Private Placement market are making for compelling deal opportunities, writes Silas Brown.

Spanish telecoms provider Telefónica latched onto the swell of investor demand for riskier corners of the European investment grade corporate bond market on Thursday as it issued a €1bn hybrid bond.

Transport infrastructure group Ferrovial on Wednesday returned to the bond market after a two year absence, selling a €500m note. It was followed later in the week by two other Spanish corporates.

Fixed income investors had plenty digest on Thursday with a total of seven Chinese issuers vying for attention. The majority are eyeing dollars but two names are venturing into offshore renminbi.

Instituto de Crédito Oficial showed on Wednesday that the strong demand present in the dollar market over the last few months is not solely the preserve of the highest rated issuers.

GlobalCapital announces the results of its first full scale, standalone set of Sustainable and Responsible Capital Markets Awards.

European Investment Bank received a warm welcome on Wednesday for its fourth euro benchmark outing of the year.

Société Générale raised $1.5bn of additional tier one capital on Tuesday, following in the footsteps of four of its European peers this summer.

The European Investment Bank will on Wednesday tackle a part of the euro curve where Finland drew a strong book last week, as the European Financial Stability Facility made light work of its funding needs for the third quarter.

A trio of public sector borrowers are set to spray the short end of the dollar curve with deals on Wednesday, including one making its first visit in over two years, as markets priced in an ever decreasing chance of a rate rise at the next US Federal Open Market Committee meeting later this month.

Sébastien Domanico has started in his job as head of debt capital markets at Crédit Agricole CIB, after a long run of gardening leave. The firm's previous DCM head, Tim Hall, departed in July.