◆ Order book smaller than issuer’s last covered in January ◆ Banker said covered bond market has reached plateau ◆

Treasury director Rodrigo Robledo says investor relations work has paid off

◆ Two steps to terms debated ◆ Priced flat to fair value or even with negative concession ◆ Investors split on long-dated holdco supply

◆ Norwegian bank increases size ◆ Issuer meets spread objective ◆ Banker said he drew confidence from secondaries

◆ Issuers opt for extra guidance as market softens ◆ Enexis takes size at six years ◆ DSM-Firmenich lands tight

◆ Madrid plans 10 year deal ◆ Bpifrance set to launch EuGB ◆ MuniFin 'rare and well regarded'

Questions hang over the future of software as a service firms

Shipbuilder's shares fall 10% after capital raise

◆ Energy pair bring three tranches ◆ Sub-100bp senior/hybrid spreads secured ◆ Single digit concessions offered

Founder of climate investing think tank wants to apply ideas as bond investor

When loans' LTVs hit 80%, Bitcoin stakes are liquidated in seconds

London continues to benefit from metal price volatility

Issuance net of buy-backs is not that high, and there is no sign of any indigestion

Ivory Coast squeezed tight, taking $1.3bn in an 'aggressive' execution

Blackstone is targeting a quicker than usual three day execution

The country is one of the highest regarded sovereign issuers on the continent

The government has been much more proactive in its debt management since a scare in 2024

The yield was ultra high but Congo had little room to manoeuvre

In this round-up, China’s securities regulator approves the consolidation of the Shenzhen Stock Exchange’s main board and the SME board, listed companies are required to update investors with information related to their environmental, social and corporate governance (ESG) efforts, and Beijing, Hong Kong and Macau further lay the foundation for a cross-border wealth management connect pilot scheme.

The spectre of imminent US-led sanctions against Russia has reappeared following the controversial imprisonment of opposition leader Alexey Navalny. While some say “Fortress Russia” will survive with or without sanctions, others believe the country’s already isolated capital markets and its access to funding could come under intense strain, writes Mariam Meskin.

The extraordinary price action in GameStop, AMC Entertainment and others' shares last week is surely leading nervous CFOs all over the world to get an at-the-money rights issue signed off, in case they win the attention of Reddit's WallStreetBets crowd and can raise equity at giddy multiples. But this is like hoping for a winning lottery ticket. For firms in the most Covid-addled sectors, a private approach will be their best shot at financing a turnaround.

Eight banks provided loan facility to company

Vaccine bond programme to issue $1.5bn this year but needs new pledges

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