Caja Madrid tests appetite after La Mancha rescue

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings

Caja Madrid tests appetite after La Mancha rescue

April 01, 2009 12:00 am

Caja Madrid has set guidance on its second government guaranteed three year issue at 90bp-95bp over mid-swaps. The rescue of Caja Castilla La Mancha at the weekend has not put at stop to the issuer’s ambition, and it is hoping to price at the tight end of guidance via Barclays Capital, Caja Madrid, LBBW, Morgan Stanley and UniCredito. Meanwhile, NIBC got its inaugural five year away on Monday amidst competing supply and priced a Eu1.5bn at 90bp over mid-swaps. To find out more about this week’s crop of government guaranteed issues, read EuroWeek on Friday.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • ✔ 4,000 annual insights
  • ✔ 700+ notes and long-form analyses
  • ✔ 4 capital markets databases
  • ✔ Daily newsletters across markets and asset classes
  • ✔ 2 weekly podcasts

Topics

News content

Related articles

  • People and Markets
    Deutsche Bank, Brazil, Frankfurt, Brazilian artist, HQ, LatAm, 575

    DB hires for LatAm DCM amid long term build-out hopes

    Deutsche Bank has hired from ING to replace a recent departure in its Latin American debt capital markets team, and the German bank’s head of LatAm DCM told GlobalCapital that he hoped to build around the new hire.
    Oliver West, August 09, 2021
  • Bank Strategy
    pexels nyc 575x375

    Moelis sees room to grow for ‘nimble’ capital markets team

    Moelis & Co supercharged its capital markets team last year just in time to take advantage of the booming market for special purpose acquisition companies (Spacs). But as the craze subsides, the team continues to expand, with the firm looking to generate repeat business from clients that appreciate its product-agnostic approach.
    Richard Metcalf, August 06, 2021
  • Corporate Bonds
    Banque_de_France_5Aug21_Alamy_575

    ICMA wants to unite bonds, derivatives in common code

    A new level of harmonisation and simplicity in financial markets communication is on the horizon, according to supporters of the Common Domain Model — a coding framework that will allow bonds, repos and derivatives to be described in a single format, potentially making processing more efficient and less manual.
    Jon Hay, August 05, 2021
  • Bank Results
    alamy 2021-08-04 natwest 575x375

    NatWest Markets heads into final stretch of ‘reshaping’

    NatWest Group said on Friday that the “reshaping” of its investment banking arm, NatWest Markets, would be largely complete by the end of the year, after it moved a further 500 staff out of NWM in the second quarter.
    Richard Metcalf, August 04, 2021
  • Bank Results
    alamy 2021-08-03 bounce 575x375

    Banks make ‘rebound’ word of the quarter as capital markets normalise

    It has been an earnings season of rebounds. UBS, the first of the European investment banks to report its results for the second quarter of the year, used the word “rebound” three times in its earnings report, which it published on July 23. Since then, BNP Paribas has pointed to an “established rebound” in its results while HSBC has reported a “rebound” in profits in the US and Europe.
    Richard Metcalf, August 03, 2021
  • Equity
    Berenberg_Adobe_575x375_1July2020

    Berenberg adds ECM syndicate banker, seeks more originators

    Berenberg has hired a fourth senior equity syndicate banker to cover France and southern Europe, amid big plans to expand its investment banking business, with new offices and teams in Brussels and Stockholm.
    Aidan Gregory, August 03, 2021
Gift this article