Société Générale
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América Móvil, the Mexican telecommunications firm, took advantage of a rally in emerging market debt to open books on its debut euro-denominated bond with a tight concession on Monday.
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Covestro, the German polymer manufacturing business spun off by Bayer last year, made its first bond issue on Thursday, raising €1.5bn in three tranches.
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The People’s Bank of China (PBoC) has issued the most detailed outlook so far on what it sees as its foreign exchange policy going forward. Meanwhile, the stabilisation of the onshore RMB (CNY) rate against the dollar means that there is more optimism in the outlook for the currency.
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The State of Montenegro locked down €300m towards the refinancing of the €390m of Eurobonds it has maturing in April on Thursday, but was unable to crunch pricing tighter inside initial guidance released earlier in the day.
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Technip, the French oilfield services and engineering group, launched on Thursday evening a €75m tap of its €375m equity-neutral convertible bond, issued in January, for a further €75m, after the bond and stock had traded up strongly.
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Coca-Cola HBC, the Swiss bottler of Coca-Cola, drew in enthusiastic investor demand for its €600m bond on Thursday, when it also announced that it would make a tender offer for outstanding notes.
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BPCE fully exited its stake in French real estate firm Nexity on Tuesday, as it sold €283m-worth of shares through a block trade led by Société Générale.
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British Telecommunications plc (BT) on Thursday joined the surge of blockbuster multi-tranche deals that has hit the euro bond market since mid-February as it raised €3.9bn of bonds across three tranches.
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Montenegro has released initial price thoughts for a five year euro denominated bond at 6% area, offering around a 50bp new issue premium, according to a banker away from the deal.
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Banks are making their commitments for ED&F Man's annual loan refinancing and no banks have declined to roll over their commitments yet, according to a lead banker.
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Unibail-Rodamco, the Franco-Dutch property company, finally pounced on the euro bond market on Tuesday after just over two weeks of stalking attractive pricing levels.
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ThyssenKrupp, the German industrial group, joined the surge of corporate bond issuance on Tuesday as the fallen angel company raised €750m.