UBS

Crédit Mutuel CIC on Tuesday became the first French covered bond borrower to begin and finish pricing at a spread that was markedly through OATs in this part of the curve, but the deal was a smaller size than expected.

Shares in TLG Immobilien, the German real estate company, fell 1.6% on Tuesday morning after it completed a 10% capital increase on Monday night to finance the acquisition of more retail and office properties in Germany.

SGS, the A3 rated testing and inspection company, offered a nine year bond to a Swiss market in search of corporate paper this week. Books were open for just 45 minutes before the Sfr375m ($378m) maximum mandated size was reached.

Deutsche Bank’s tough stance on compensation echoes earlier moves by rivals, but it doesn’t solve the talent crisis at big banks, writes David Rothnie.

Detsky Mir, the Russian toy retailer, has announced the price range for its Moscow IPO, which could value the business at up to Rb77.6bn ($1.3bn).

In a relatively quiet week for live equity deals, Novartis, one of Europe’s largest pharmaceutical companies, has said it is considering an IPO or spin-off of its eye care division, and a real estate investment trust announced the year’s first London IPO of significant size.

Neerg Energy is set to become the second Indian corporate to sell a dollar green bond, having hired six firms to arrange meetings with global accounts on Tuesday.

Shares in French voucher provider Edenred closed 1.6% lower on Friday after Colday, a vehicle for Colony Capital, turned to the blocks market on Thursday evening to sell a residual 5.7% of the company.

The tally of sterling high yield bond sales in January is on course to reach £2bn, a sensational reversal from 2016’s entire first quarter without issuance in the currency, with several issues this week despite news that the UK will seek to leave the EU single market.

Despite corporate close periods limiting the scope for equity block trades this week, a fistful of sellers came to the market this week, many of them to sell stocks that floated last year.

Bankers hope 2017 will prove a more vibrant year for Russian IPOs, after the country's stockmarket was one of Europe's best performers last year and Western investors are thawing towards it.

The Republic of the Philippines grabbed $2bn from investors Wednesday, after rolling out a new 25 year note with a tender offer for existing investors.