◆ Danish bank prints its first capital deal in a major currency since 2021 ◆ IR 'hard work' pays off following money laundering case ◆ Premium paid for performance
◆ Higher rates and dollar push-back no hindrance to bank capital deals ◆ ING prints oversubscribed $1.25bn Reg S AT1 ◆ Danske's first tier two since 2021 pricing close to fair value
◆ CaixaBank goes big with €1.25bn 8NC7 green ◆ Tightest of all deals from La Banque Postale loses most orders but ends with a 1.73 subscription ratio ◆ Alpha Bank crunches price by 37.5bp
Retail distribution is unpopular with FIG and corporate bond issuers, but some SSAs do it. With rates now attractive to investors, the case for it has strengthened
