Société Générale
-
The corporate bond market got back on its feet with vigour on Wednesday, as Capgemini in particular impressed, with a hefty size and even heftier order book for a triple tranche deal — though it had to pay a large new issue premium. -
Ingenico, the French maker of payment terminals, returned to the convertible bond market on Tuesday after a four year gap, with a highly successful deal that found strong demand and was repriced to better terms outside the original range.
-
Mercuria Energy Trading, the Swiss commodities trading group, has increased its revolving credit facility during syndication, but still kept it smaller than the $2.65bn it signed last year.
-
-
The Middle East remains the mainstay of the CEEMEA bond market, with borrowers continuing to put plans in place. National Bank of Oman has picked banks for its first ever additional tier one deal, becoming the latest in a long line of Middle East credits to mandate for dollar perpetuals.
-
Crédit Agricole and Société Générale will seek to float Amundi, their asset management joint venture, in Paris by the end of this year, partly to give Amundi a currency for acquisitions.
-
Atos, the French IT services and outsourcing company, added to an already packed corporate bond pipeline on Wednesday, hiring banks to arrange a roadshow beginning next week, for its first ever bond.
-
Singapore is finally getting its first covered bond, with the Lion City’s largest bank DBS set to go on the road to gauge investor interest.
-
Middle East mandates are keeping CEEMEA supply hopes alive in a difficult market, and even Ramadan’s arrival will not close the window for new deals.
-
Europcar, the French car rental company, has achieved a covered book on its initial public offering within two days of launching the bookbuild.
-
Swedish Export Credit Corporation is set to price an oversubscribed green bond — its first syndication in sustainable and responsible capital markets.
-
A smaller than typical seven year euro benchmark for KfW on Tuesday underlined how difficult execution in euros has become for public sector borrowers.
