Lloyds Bank

Over the past 15 years UK banks have set aside over £53bn to pay for their misconduct, according to a report published on Monday, with the end nowhere in sight.

Royal Bank of Scotland said on Monday it would take a loss on buying back some £2.3bn of opco and holdco debt, as it continues to position for the incoming total loss absorbing capacity (TLAC) regulations.

Covered bond borrowers in the UK, Sweden, France, New Zealand and the Netherlands met with strong receptions for their transactions this week, which collectively raised nearly €6bn.

Trafigura, the commodity trading company, cut the margin of its European loan in its latest refinancing to the lowest level since before the global financial crisis, but also received fewer commitments.

GlobalCapital announces the results of its Equity Capital Markets Awards for 2015, following our inaugural ECM Awards Dinner, in London on March 16.

BBVA priced a well oversubscribed €1.25bn seven year with barely any new issue concession and a long way through the Kingdom of Spain’s spread.

Commodities trader Trafigura has tightened pricing by double digit basis points on its European loan refinancing and expects to raise more than $5bn, according to sources.

UK metering services company, Smart Metering Systems (SMS) has signed a £150m club loan and increased the deal size to take advantage of a government scheme to boost smart meter installation.

Banks are making their commitments for ED&F Man's annual loan refinancing and no banks have declined to roll over their commitments yet, according to a lead banker.

The recovery in Europe’s corporate bond new issue market continued on Wednesday, with three successful issues — one each in sterling, euros and Eurodollars. By far the largest was the return to its home market of Motability Operations, the non-profit organisation which provides cars and other vehicles to disabled people in the UK.

Scotland Gas Networks came to the sterling bond market on Monday with a £250m 11 year offering that was nearly twice subscribed.

Genus, the bovine and porcine genetics company, retained all of its relationship banks when it signed a £160m revolving credit facility on Monday.