UBS
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On Friday Nestlé extended by a year €5bn five year revolving credit facility it had signed in October 2013. The Swiss foods producer also replaced a €5bn-equivalent short term facility with a new facility of €6bn.
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Alliance Automotive, the French-UK car parts distributor, is set to issue €325m of high yield bonds to refinance its acquisition by Blackstone and the company's founders from Weinberg Capital Partners in August.
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Corporacion Andina de Fomento (CAF) extended its Swiss franc curve to January 2028 on Wednesday in the longest deal in the currency by a non-Swiss borrower since April 2013.
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SEB got the additional tier one market back on to a strong footing on Thursday, selling the first AT1 from a European bank for almost two months to a rapturous reception. National Australia Bank was also active in the subordinated market, overcoming concerns over a novel structure to sell the first Basel III-compliant tier two deal from an Australian issuer in euros.
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United Internet — Marine Harvest — Heathrow
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Siemens Audiology Solutions - Famar - Christ
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The senior market awoke this week following a brief hiatus in the aftermath of the European Central Bank and European Banking Authority’s comprehensive assessment of Europe’s banks. While covered supply has been robust during the intervening period, a lack of recent senior issuance helped Abbey, Citi, DVB Bank and Nomura back into the market.
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The New Zealand Debt Management Office extended its inflation linked bond curve with a 15 year issue on Wednesday.
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EQT, the private equity fund, has entered into an agreement to acquire Siemens Audiology Solutions, the hearing aid division of Siemens.
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Shenzhen International Holdings raised $250m via a top-up placement on the evening of November 4, managing to exercise an increase option thanks to two days of wall-crossing ahead of the trade.
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Senior bank debt issuance picked up on Wednesday after Citigroup and DVB Bank had re-opened the European market on Tuesday after the European Central Bank's Asset Quality Review.
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Shenzhen International Holdings raised $250m via a top-up subscription on the evening of November 4, with the company managing to exercise a greenshoe option thanks to a two-day wall-crossing process ahead of the trade.