UK

On Wednesday, Heathrow returned to the euro bond market for the first time for over two years. The UK airport company printed a €500m 15 year deal, following the lead of Daimler and Gecina earlier in the week.

The Chicago Mercantile Exchange (CME) on Wednesday announced it could clear over-the-counter FX options, after receiving regulatory approval from the Commodity Futures Trading Commission.

David Lester, London Stock Exchange Group’s chief strategy officer, has departed the company.

So far this week, euro corporate bond investors have had to choose between three tranches from an individual issuer. On Wednesday, they had a choice of three issuers, with different ratings and offering different tenors.

Société Générale raised £42.8m by selling its last shares in TBC Bank Group, the London-listed Georgian lender, on Tuesday night, after pricing the shares at a 6.6% discount.

The UK’s eighth largest restaurant chain, Wagamama, sold £225m of new bonds on Wednesday, as it plans to call its debut bond and make savings in a sterling market awash with demand.

The co-founder of Playtech sold down most of his remaining stake in the UK gambling software developer via an overnight placement on Monday, bagging £337.3m.

On Tuesday, Deutsche Bahn returned to the sterling bond market for the first time in nearly four years. The state-owned German railway company printed a £300m eight year deal, achieving tighter pricing than it would have in euros.

Playtech’s founder is selling a major chunk of his stake tonight, for up to £317.9m, after shares in the gaming software developer have surged 20.3% this year.

The UK Debt Management Office has selected the bond to be issued at the second syndication of its 2017-18 financial year, picking a bond at the long end of its target range.

Leads Building Society extended its covered bond curve by four years on Monday with a €500m seven year covered bond that was priced with little new issue premium. The transaction is expected to be followed by Bank of Queensland’s first covered bond.

Skipton Building Society returned to the senior market with a £350m five year bond on Monday, as smaller UK financial institutions prepare for the withdrawal of central bank funding schemes.