UK

RPC Group, the UK plastic bottle manufacturer, has amended its £770m revolving credit facility agreement to include a £70m facility, which will part fund its acquisition of British Polythene Industries.

Banks are wrapping up Mercuria’s annual refinancing deal following strong oversubscription in syndication.

Workspace Group, the UK real estate investment trust, has activated a one year extension option on its £150m revolving credit facility to extend the deal to 2021.

The University of Glasgow last week priced a US private placement, following the University of Surrey which issued a £120m ($173.6m) deal last month.

Dave Rome, head of loan capital markets at Royal Bank of Scotland, resigned at the end of last week to join law firm Ashurst. The move follows RBS's reorganisation of its loans business, which limited the banker’s role, said a source at the UK bank.

Efforts to deepen RMB liquidity in offshore markets have struggled so far, despite the currency’s growing popularity for trade and investment purposes. Yet, it is clear that the success of the currency on a global scale will rely on deepening liquidity and the financial infrastructure that supports it.

A highly unusual exchangeable bond won an enthusiastic reception on Thursday, as Glanbia Co-operative Society, owned by 16,000 Irish farmers, raised €100m to shield its members from volatile milk and grain prices. Jon Hay reports.

TBC Bank, Georgia’s second largest London-listed bank, is to follow its bigger rival Bank of Georgia by swapping its global depositary receipts for a full premium listing on the London Stock Exchange.

The wave of rights issues and capital raisings in the market this summer is so far going smoothly, with good news this week for Banco Popular Español, as its shares and rights perked up in trading.

Prudential attracted a $12bn book for a $1bn Reg S tier two bond on Tuesday, after successfully targeting yield-hungry Asian investors.

Deutsche Börse and the London Stock Exchange Group (LSE) have confirmed that they will hold a merger vote after the UK’s referendum on European Union membership on June 23, having previously said that Brexit would harm rival US bids, but not their own plans.

Uniper, the Germany energy company subsidiary of E.ON, is preparing to syndicate a €5bn loan to a wider group of banks.