Atanas Dinov

Senior Debt

Crédit Agricole prices tight green bond amid senior salvo

◆ Big order drops in response to tight pricing ◆ Hypo Noe pays premium to keep orderbook intact ◆ Arion lures orders with spread

Atanas Dinov, February 21, 2025

FIG

Dark storm clouds over Canary Wharf business park buildings in London

FIG market eyes tight valuations and issuer complacency

Funding conditions remain strong but some predict trouble ahead

Atanas Dinov, February 20, 2025

Regulatory Capital

CCF accelerates tier two to access 'super-receptive market'

◆ French bank speeds up funding plan to meet eager buyers ◆ Initial deal eyed for second half of 2025 ◆ Higher spread to frequent issuers attracts

Atanas Dinov, February 19, 2025

Regulatory Capital

ROTTERDAM, NETHERLANDS - FEBRUARY 17: Tallon Griekspoor of the Netherlands reacts during his Men?s Singles Quarter Final match against Gijs Brouwer of the Netherlands during Day 5 of the 50th ABN AMRO Open at the Rotterdam Ahoy on February 17, 2023 in Rot

ABN Amro completes hat trick with lowest AT1 reset spread

◆ Dutch bank pushes another tightly priced capital deal ◆ Stays mindful of peers ◆ Its third trade this week amid supportive conditions

Atanas Dinov, February 19, 2025

Senior Debt

Double funder ABN issues first EU Green Bond from FIG

◆ First EU green bond from FIG after corporate and SSA debuts ◆ Bank turbocharges senior funding in euros a day after sterling visit ◆ Deals have similar structures and maturities

Atanas Dinov, February 18, 2025

Senior Debt

Foreign FIG trio mines sterling funding arb as it supplies £1.3bn

◆ Cost saving to euros and dollars continues to lure non-UK borrowers ◆ Sterling real money investors show clear affinity for higher spread offerings ◆ Demand slows for tighter Nordea

Atanas Dinov, February 18, 2025