UK

LondonMetric, the listed UK real estate firm, has sold £380m of US private placements, according to market sources. One tranche had a green component, which priced tighter than another coupon with the same maturity.

PensionBee, the UK online pensions provider, is preparing to go public on the London Stock Exchange, according to a regulatory filing on Tuesday.

King’s College university has sold US private placements, according to market sources, in the first widely marketed UK university deal seen in the market for 12 months.

Trustpilot, the Danish online review site, has rocketed in trading on its first day as a public company on the London Stock Exchange. Sources close to the trade were patting themselves on the back on Tuesday as they observed the day one performance and reflected on the calibre of the book.

The EU's Single Resolution Board has this week broadened the scope of English law bonds that will count towards the minimum requirements for own funds and eligible liabilities (MREL), even if their contracts do not recognise EU bail-in powers. The changes prompted Belfius to cancel a consent solicitation for one of its tier twos, which would have been disqualified under the previous grandfathering arrangements.

Property developers R&F Group and CC Land Holdings are jointly looking for a dual currency loan of £476.7m ($653.5m)-equivalent to develop a project in London.

Investors put orders in quickly on the first day of bookbuilding for UK food delivery unicorn Deliveroo. The books were covered throughout the initial price range on Monday, the day it opened books for its London flotation.

The Euro private placement market has managed something other private debt markets, including US PP, have struggled with: to integrate sustainability into its core.

Trustpilot, the online review site listing in London, has grown the size of its IPO to meet strong demand for the offering and to give deal-hungry investors a better chance of getting some shares in the listing.

Supermarket Income Reit, the London-listed real estate investment trust focused on properties let to supermarkets, is gearing up for another buying spree of new assets, having raised £153m of equity from investors.

The UK Debt Management Office on Monday chose the banks to lead the sale of its second sukuk via syndication. Like the sovereign’s debut sukuk in 2014, none of the UK’s Islamic banks are included on the mandate.

Vaccine optimism and the end of Brexit has meant that the UK has enjoyed its best ever start to a year in the equity capital markets.