More sub debt set to hit screens after Achmea print

A weaker credit market on Wednesday failed to dent demand for a perpetual deal from Dutch insurer Achmea, with the issuer commanding a large order book. Subordinated supply could continue tomorrow, with Italy’s SACE concluding a roadshow for a hybrid deal today. Barclays, Citi, Deutsche Bank, HSBC and UniCredit organised the roadshow for the issuer.