UK Sovereign

Abbey National returned to the sterling senior unsecured market for the first time since 2010 this week. Although the market had softened, the Santander-owned UK bank’s 15 year deal performed well.

Raising one’s game from regional bank to global is a risky strategy at the best of times, so for National Bank of Abu Dhabi to attempt the move when other firms are retrenching is is bound to draw some scepticism.

The UK government on Thursday launched its much-heralded debut RMB denominated bond, the first ever from a sovereign that is not China. The deal is expected to mark a big increase in profile for the Chinese currency among international issuers and investors.

NextEnergy Solar Fund, an alternative power investor, said on Thursday that it is to begin a placing programme that could see it issue up to £260m of new shares.

Credit Suisse has hired an experienced banker to its loan syndication business in London.

Luxury accessories maker Jimmy Choo is covered on its IPO, which could value it at up to £700m, only two days into bookbuilding.

Italian telecoms firm Rai Way launched a €400m IPO on Wednesday, the same morning that internet company Italiaonline pulled its deal.

The head of rates and solutions structuring at Nomura in London is set to leave the firm after being put "at risk".

Raising one’s game from regional bank to global is a risky strategy at the best of times, so for National Bank of Abu Dhabi to attempt the move when other firms are retrenching and streamlining their businesses is bound to draw some scepticism.

Gamma Communications, a British company that provides communication equipment to businesses, completed an AIM IPO on Tuesday that valued it at £165m.

Abbey National returned to the sterling market in senior for the first time since 2010, printing a long-dated deal that was snapped up by investors amid a dearth of senior supply.

Jimmy Choo began bookbuilding on Monday for an IPO that could value the British luxury shoe and handbag maker at up to £702m.