Credit Suisse the one to watch
Credit Suisse restarted benchmark covered bond issuance this week, opening books on a five year inaugural euro transaction that is expected to withstand background market worries about peripheral eurozone sovereigns. Norway’s KLP Kommunekreditt and Finland’s Sampo Housing Loan Bank have recently finished roadshows and are debating next steps. With a debut ship Pfandbrief from DVB Bank in the pipeline and one Dutch issuer considering an end of year deal, EuroWeek on Friday will find out how primary market activity unfolds this week.
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