Carige stands out in a global issuance spurt
Primary market covered bond activity took off on Thursday after the US Congress voted to extend its debt ceiling deadline to February 7 next year. Four issuers — from Italy, Hungary, New Zealand and Canada — opened books for new benchmarks. The star turn came from Italy’s Banca Carige which, despite strong headwinds, attracted a resounding endorsement from investors for its first deal since March 2011.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts