Société Générale
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Oil market volatility was driven higher this week as traders placed bearish bets amid the prospect of more Iranian supply following its sanctions deal combined with weak fundamental data. -
Societe Generale has lost a senior high yield credit trader from its London operations.
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French catering, support and care services group Sodexo has amended and extended $1.3bn of credit facilities, but previous bookrunner Credit Agricole has left the syndicate.
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Aroundtown Property Holdings, the German-focused property company, raised €320m on Monday with a capital increase conducted as an intraday accelerated bookbuild, that was really its IPO.
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In line with the restructuring of its global markets businesses, Société Générale has announced the appointments of heads of global markets in several of its Asian offices, including Japan, Korea, Greater China and southeast Asia.
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Xinjiang Goldwind Science & Technology has hired three banks to arrange investor meetings ahead of what will be the first green bond by a Chinese issuer.
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A syndication for a €600m ($663m) two year financing for China National Chemical Corp (ChemChina) is currently under way. Two French lenders are leading the deal and they have invited a select group of lenders to participate.
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Whether investors can look past the turmoil around Greece at a promising growth story was tested this week, as Cellnovo attempted to float in Paris. The test was passed: the IPO was priced on Thursday.
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Two Italian companies have announced plans for debt buybacks, with Finmeccanica and Telecom Italia both expected to complete tender offers next week.
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Shares in Elumeo, a German company that sells jewellery online and through a television channel, closed at €24.75 today, 1% below their IPO price, despite the strong sell-off in European markets today after Greece’s referendum on Sunday.
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Whether investors can look past the turmoil around Greece at a promising growth story will be tested this week, as Cellnovo attempts to complete its IPO in Paris.
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Turkiye Sinai Kalkinma Bankasi, the industrial development bank, has closed a €256m-equivalent refinancing loan with banks, increasing it from the deal it signed last year.
