Société Générale

AkzoNobel, the Dutch paints, coatings and chemicals company, issued a €500m 10 year bond last Friday that achieved a deeply negative new issue premium, as investors piled in ahead of the European Central Bank’s expected corporate bond buying programme.

Telekom Slovenia, a firm downgraded four times in the last five years, has secured a €300m loan to refinance a bond, the move will strengthen its Ba2 rating according to Moody’s.

Sébastien Domanico, the global head of FIG DCM at Société Générale, has resigned from the bank.

TDF Infrastructure, the French broadcasting infrastructure operator, issued an €800m bond on Thursday, which brought in more demand than its last offering.

Bankers were predicting a return of senior Turkish financial supply after Isbank achieved nearly four times oversubscription for its market reopener on Wednesday.

Isbank reopened the senior market for Turkish financials in style on Wednesday with an oversubscribed deal that was priced tight to the issuer’s existing curve.

Isbank emerged on Wednesday with the first senior deal from a Turkish financial borrower since last April.

Trafigura, the commodity trading company, cut the margin of its European loan in its latest refinancing to the lowest level since before the global financial crisis, but also received fewer commitments.

French industrial minerals producer Imerys brought two tranches of €300m sub benchmark notes to the European corporate bond market on Wednesday and clinched minimal concessions.

Covered bond primary activity slowed this week with just two €500m seven year trades emerging from banks in the Netherlands and Italy.

Fiat Chrysler Automobiles issued €1.25bn of unsecured bonds on Wednesday, the second crossover deal in the European corporate bond market this week.

State Bank of India launched its $500m fundraising into general syndication on Tuesday via eight mandated lead arrangers and bookrunners.