Société Générale

Vestas Wind Systems, the Danish wind turbine maker, has refinanced a revolving credit facility it agreed last year, extending the tenor and achieving more favourable terms.

CMA CGM, the French container shipping company, has ditched the dollar tranche from its planned €715m-equivalent high yield bond issue and just raised €550m in euros.

National Bank of Abu Dhabi has picked banks for a tier one subordinated deal, its first ever in the international bond market.

The Finanzagentur is set to make its first appearance in syndicated format since 2009 with a 30 year inflation linker that will extend the sovereign’s inflation linked curve.

Metalloinvest, the Russian iron miner, has obtained a €267m export credit agency agreement from international banks, but is still in talks on a separate syndicated loan.

MFB Hungarian Development Bank (MFB) has mandated for its first euro deal in four years, and kicks off investor meetings next week.

Salzgitter, a German maker of steel products and tubes with a €2bn market cap, returned to the equity-linked debt market on Tuesday with a €168m deal that was priced at very aggressive terms, reflecting investors’ eager demand for convertibles.

Uralkali has added $100m to a loan it recently signed with international banks, demonstrating the benefit for Russian borrowers of including an accordion feature.

Anhui Transportation Holding Group (Anhui Transport) has mandated a sole global co-ordinator to arrange a series of investor meetings ahead of its debut outing to the dollar bond market. Haikou Meilan, meanwhile, is preparing a dim sum deal.

The bookbuild for the IPO of Spie —the French electrical, telecoms and technical services company — was launched on Monday June 1, and was covered on the first day.

Europcar began premarketing its IPO on Monday, seeking to raise €475m of primary proceeds to cut a €2.2bn debt load, as well as some secondary proceeds to be decided later.

Nexans, the French cable manufacturer, became on Friday the first double-B rated issuer to pull a European high yield bond this year. It cited unfavourable pricing and volatility in the market.