UK

Savannah Petroleum, the UK oil and gas company focusing on African exploration, has announced a range of 40p to 50p a share for a follow-on share placing to fund its acquisition of the Nigerian oil and gas assets of Seven Energy.

Société Générale has arranged a €142.6m green loan for Brittany Ferries, to finance the company’s first ferry powered by liquefied natural gas.

Tullow Oil, the oil company headquartered in London but with operations predominantly in Africa, has signed $2.5bn of reserve-based lending (RBL) facilities to refinance existing deals with its relationship banks.

Charges levelled against HSBC by the US Department of Justice have expired, according to a statement fhe bank.

M&G Investments has hired Oliver Wilson as head of asset-based lending in its six-person direct lending team, headed by James Pearce.

Globalworth Real Estate Investments, the Aim-listed real estate investment trust focused on Poland and Romania, has completed a €340m capital increase.

Mitsubishi UFJ Financial Group has appointed Alice Gastaldi to its leveraged finance division, the bank said on Thursday. She had been working at UniCredit for almost eight years.

South Africa’s second largest private hospital operator Life Healthcare group has signed a £350m syndicated loan to refinance its acquisition of UK-based Alliance Medical group last year.

Lloyds sold two tranches of holding company level senior debt in the yen market on Thursday, including a rare and tightly priced six year portion.

Industrial and Commercial Bank of China sold a dual-tranche floating rate transaction on Wednesday, getting significant interest from western accounts as it used its London arm as the issuing vehicle.

Shares in Sabre Insurance, the specialist UK car insurer, rose 13% this week after it priced a £287m IPO on the London Stock Exchange.

Crédit Agricole has added to the momentum in systematic internaliser sign up, joining other banks in registering as one well ahead of a 2018 deadline.