Several firms bring new bonds to market - with more planned
A number of new bond issues have priced or have talk emerging

Investors weigh prospective tenders and buy-out issuance
Electronic sensor maker Sensata on Friday announced a modified Dutch auction for senior and subordinated notes

Dump gas prospector bonds for pipe maker's, suggests Citi
A recent Citi high yield research report highlights a relative value trading opportunity in the new issue market

Companies kick off 2010 European high yield new issuance
This week’s new issuance has begun with Germany-based Fresenius Medical Care announcing a new offer

Heidelberg's long-awaited bond meets investor demand
Appetite for high yield doubled HeidelbergCement’s total capital raised via its new, three-tranche issuance of €2.5 billion.

Pharma credits contain patent risk, says UniCredit
UniCredit recommends a cash bond trade today on Sanofi-Aventis and Roche.

Dexia and ING allowed to call subordinated debt
Good news for European financials comes as the European Community allowed both Dexia and ING call an upper tier-two and lower tier-two bond, respecitvely.

BBVA announces hybrids exchange offer
According to a regulatory filing at the London Stock Exchange yesterday, BBVA announced an offer to exchange any and all of the existing euro- and sterling-denominated tier-one hybrid securities.

Barcap names 'rising stars' in double-B and triple-B credits
Barcap analysts highlighted the potential 'rising stars' over the next year.

Volkswagen to issue bonds while appetite continues
According to UniCredit analysts Volkswagen is planning to issue €475 million in auto lease-backed bonds.

Enel's multi-tranche issue oversubscribed
Enel issued a multi-tranche bond yesterday with an aggregate amount of €6.5 billion.

Amend-to-extends building a big new wall, says BofA-Merrill
Bank of America Merrill Lynch says that recent loan amendments do not push out maturities far enough

Barcap recommends dislocated trible-Bs
Barclays Capital analysts posit that credit investors will see alpha generation from positioning into dislocated triple-B credits.

UniCredit picks favourite European auto bonds
UniCredit analysts pick their favourites in the European automotive sector.

Ceva's exchange offer has negligible benefits, says Barcap
Barclays Capital’s European high-yield research reported today that Ceva Logistics’ proposed debt exchange will not materially improve the company’s capital structure or cash flow.

Switch Carrefour bonds for better returns, recommends UniCredit
UniCredit recommends switching between Carrefour's bonds.

Pfizer completes debt offer
Pfizer announced yesterday that it has successfully completed its debt offering

US chemicals company gains forbearance agreement
Atlanta, Georgia-based chemicals company Georgia Gulf announced on Wednesday (13 May) that it has entered into a forbearance agreement with its noteholders.

Lloyds offers UT2 debt buy back
Lloyds announced its buy-back plan of its upper tier-two debt yesterday, offering a considerable premium to where the debt traded.