UK

Sanne, the corporate administration provider, spent £7m on transaction costs for its initial public offering in March, the firm said in its half year results.

UK infrastructure investment firm, John Laing Infrastructure Fund (JLIF) has signed a £180m revolving credit facility with two new lenders.

HSBC has been mandated as the sole offshore RMB concentration bank for LME Clear, clearing house for the London Metal Exchange (LME), which accepted the offshore renminbi (CNH) as eligible cash collateral earlier this month. The bank has told GlobalRMB that the initiative shows the growing prominence of RMB in commodities markets.

August is on course to become 2015’s busiest month for bank medium term note issuance in sterling, as cash rich investors are drawn to positive spreads over quarterly Libor.

Wealth manager, London & Capital (L&C) has launched a new emerging markets UCITS fund, the firm announced on Thursday.

Société Générale’s head of EMEA structured finance and loan syndication has moved to a new job within the bank and his responsibilities have been assumed by two colleagues.

New Capital had appointed John Leahy specialist UK equity fund manager to strengthen its European and equity franchise.

Warrington Borough Council has become the first UK local authority outside London to enter the bond market for more than 10 years — and more British councils could be set to come with deals.

Europe’s corporate bond market is catching its breath before an expected power dash of deals, but the loan market continues to bring deals and leveraged borrowers are gearing up for a big push on acquisitions.

British satellite data communications company Avanti on Tuesday tapped its $370m debut bond sold in 2013 for an additional $125m.

Investec has appointed Roger Lee, an equities banker, to its largecap European sales team.

Numen Capital, a London based credit manager, has hired an experienced trader to its team as a portfolio manager and research analyst.