UniCredit

Maire Tecnimont, the unrated Italian company that builds large hydrocarbon and chemical plants, will issue its first bond after a roadshow.

Borrowers' continued confidence in the leveraged loans market is affecting deal structure, with private healthcare operators Générale de Santé and Quirón structuring their respective €1.1bn and €2.15bn deals to target term loan ‘B’s to banks, who usually prefer the amortising payments of term loan ‘A’s.

Grupo Hospitalario Quirón, the Spanish private hospital operator, has launched a €2.15bn loan to back its merger with rival chain Idcsalud, owned by CVC.

Food oil firms Creative Group and Kernel are greasing the way for Ukraine's syndicated loan market to reopen, after violent unrest that began in March caused just $11m of loans to be signed last quarter.

Paper and packaging company Mondi has signed a deal to extend the maturity of a €750m revolving credit facility from 2016 to 2019.

Europe’s corporate bond market was knocked sideways on Thursday by a gust of fear about peripheral Europe, after problems deepened at Portugal's Banco Espírito Santo. The market has not shut down, but ACS, the Spanish construction company, pulled a deal and no issuer managed to price tighter than its initial thoughts.

The Inter-American Development Bank took advantage of strong demand for dollar paper this week to sell its largest dollar benchmark, while Bank Nederlandse Gemeenten also visited the market, suggesting that appetite remains robust despite many investors getting ready to embark on summer holidays.

Italian defence contractor Finmeccanica has signed a €2.2bn revolving credit facility, €200m smaller than the 2010 facility being refinanced.

Three issuers launched covered bonds this week with varying results, which suggested that the converging trend between core and peripheral Europe has stalled. Banca Monte dei Paschi di Siena (MPS) struggled to attract anything like the demand seen in its previous covered bond as Portuguese woes outweighed the programme’s rating upgrade into investment grade territory.

Italian defence contractor Finmeccanica has signed a €2.2bn revolving credit facility, €200m smaller than the 2010 facility being refinanced.

A new Italian corporate bond issuer entered the market on Wednesday, as 2i Rete Gas, the second largest gas distribution company after Snam, issued €1.35bn of five and 10 year paper.

Western European lenders had a rare chance to finance drawn debt this week after Germany's FGA Bank signed a €550m three year syndicated term loan.