Debut pair line up euro covered bonds

debut_Adobe_230x150
By Bill Thornhill
23 Sep 2020

Debut issuers Bausparkasse Schwäbisch Hall and Sumitomo Mitsui Trust Bank are marketing their inaugural covered bonds amid a pick-up in secondary market trading.

Bausparkasse Schwäbisch Hall (BSH) is expected to surface with its debut Pfandbrief, having mandated DZ Bank to arrange investor meetings on Wednesday and Thursday with a view to issuing an Aaa rated deal in the fourth quarter.

The German building society, rated Aa1, had made its issuance ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial