Spain

Sweden-based EQT has provided funding to Abac, a private equity firm in Catalonia, to invest further in local portfolio company Metalcaucho, which makes spare parts for cars. This was despite political unrest in the region.

The people of Catalonia will on Thursday vote in a snap regional election called following the independence referendum earlier on October 1, which caused the Spanish national government to take control of the Catalan parliament.

The Single Resolution Board (SRB) should not have needed an appeal panel to determine that the Banco Popular resolution could have been more transparent. It was blatantly obvious from the outset.

On Wednesday Spanish telecoms company Telefónica brought the third hybrid from a Spanish corporate issuer this November, following deals by Ferrovial and Iberdrola.

On Wednesday Spanish telecoms company Telefónica brought the third hybrid from a Spanish corporate issuer this November, following deals by Ferrovial and Iberdrola.

Inmobiliaria Colonial, the Spanish property company, has raised €416m to partly finance its bid for rival Axiare Patrimonio.

Ford Motor Credit Co, the financial services arm of US motor company Ford announced a dual tranche corporate bond deal on Monday comprising two floating rate notes.

Property has been one of the most favoured sectors in the corporate bond market in 2017 and this week saw three more deals. Germany’s TLG Immobilien and Spain’s Inmobiliaria Colonial added €1.2bn to the year’s supply in euros, while UK student accommodation provider Liberty Living sold a £500m ($665.3m) deal.

Four new investment grade corporate bond issues in euros and one in sterling ensured European investors were much busier on Tuesday than they had been on Monday.

Cores, Spain’s strategic oil reserves manager, has returned to capital markets for the first time in two years, defying Spain's political turmoil to raise €400m while slashing 7bp from its initial spread.

Banco Santander is preparing to sell its non-preferred senior bonds in the public yen market, with pricing expected in early December.

CVC and Ardian charged up the leveraged loan deal pipeline with new buyouts of European businesses in Ireland, Greece and Spain this week. A strengthening European economy is likely to attract more, said market participants.