.png){kind=logo}
GC Asia
Household names pave way for rarer FIG borrowers
A pair of senior non-preferred bonds from Swedbank and Société Générale on Tuesday followed Monday’s opener from ING. With three household names now having established pricing points, rarer borrowers are starting to fill the pipeline.
Société Générale sold what a second syndicate banker called the “best trade out there" — a long eight year non-call seven senior non-preferred note.
The French bank started the pricing process with initial thoughts of 115bp-120bp over mid-swaps.
“It’s probably going to land very close to fair ...Already a subscriber? Login
-
Latest news from FIG
-
EC pledges to ‘move faster’ on resolution reforms in drive for Banking Union
22 Jan 2021 -
Global banks lead dollar funding blitz
22 Jan 2021 -
DZ Hyp readies its first covered deal of 2021
22 Jan 2021 -
Caffil to issue social covered bond private placements
22 Jan 2021 -
QNB taps CNH liquidity for Rmb1.5bn bond
22 Jan 2021
-
-
Latest news from FIG
-
EC pledges to ‘move faster’ on resolution reforms in drive for Banking Union
22 Jan 2021 -
Global banks lead dollar funding blitz
22 Jan 2021 -
DZ Hyp readies its first covered deal of 2021
22 Jan 2021 -
Caffil to issue social covered bond private placements
22 Jan 2021 -
QNB taps CNH liquidity for Rmb1.5bn bond
22 Jan 2021
-
