United States

Mondelez International, the US snacks group that owns Cadbury and Oreo, satisfied its taste for long dated sterling debt on Tuesday, reaching far out along the curve to issue a £400m 20 year bond.

Geopolitical fears in the wake of the attacks on Paris over the weekend have been not enough to overcome the effect on futures prices of a large supply glut.

Teva, the New York-listed Israeli pharmaceutical company, has completed and signed $33.75bn of loans for its acquisition of Allergan Generics.

Chinese company Yirendai, an online consumer finance marketplace, is eyeing the New York Stock Exchange for a $100m IPO and has a filed a preliminary prospectus for the listing.

US corporate bond issuance in Europe - so-called reverse Yankee bonds - has steadily regained strength this autumn and could be followed by issuers from elsewhere in the world selling euro bonds.

Veritas Technologies, the Californian data storage company, has increased its high yield bond issue to make up for a disappointing loan financing. But initial price talk has yet to emerge.

Anheuser-Busch InBev, the Belgian-Brazilian brewer, chose 21 banks to act as mandated lead arrangers for a $75bn mega loan — the largest ever corporate loan — but the firm coordinated all the banks itself in the unique acquisition financing.

Skandinaviska Enskilda Banken and ANZ took advantage of strong funding conditions in dollars this week, despite a drop in demand for floaters.

Chevron and AstraZeneca led a dash for dollars this week as issuers made the most of favourable funding conditions in what is expected to be a heavy month for high grade supply.

Simon Property Group, the US property company that is the world’s largest real estate investment trust, launched a benchmark seven year euro bond on Monday , its first issue in the currency for over two years.

Citi has formed a European cross border debt capital markets team focused on bringing international issuers outside EMEA into European bond markets. This reflects a belief at the bank that there will continue to be an increase of funding in euros by non-European issuers, said Will Weaver, head of DCM at Citi in London.

Anheuser-Busch InBev, the Belgian-Brazilian brewer, mandated a group of 21 banks to provide its $75bn loan facility, but there was no coordinator as AB InBev took an active role in arranging the transaction.