Issuer calls on peers to stop ‘greed’ during bond executions

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By Mike Turner
11 Apr 2019

Issuers are showing the same kind of “greed” they did in the run-up to the global financial crisis, according to a fiery call to arms to treat investors better from a European agency funding official.

“Some issuers are not taking investors‘ interests seriously and this is behaviour I hate,” said Sven Lautenschläger, international funding officer at L-Bank. “In the financial treasury sector, the game of the day is: if you do not tighten by 10bp-15bp then you have had a bad deal. This ...

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