Banco de Sabadell

◆ Car leasing firm prices dual tranche deal at and just outside fair value ◆ Covered placed Sfr300m, up from Sfr 200m ◆ Third Swiss franc deal of 2026 after UBS and CIBC

◆ 'Insane' spread tightening ◆ Issuer lands through fair value and close to German deals ◆ Canadian and Norwegian paper priced

Financial institutions dealmaking is at an 18 year high but banking consolidation is elusive

Bank goes further than Crédit Ag and SocGen in avoiding regulatory call

European banks progress with capital raising as spreads tighten, but investor qualms grow

◆ Rival bankers say deal landed through FV ◆ Big subscription ratio despite tight pricing ◆ More deals expected this week

◆ Spanish issuer funds with no new issue premium, if not breaching through fair value ◆ Market shows approval of the lone senior FIG print ◆ 'No major impact' spotted from BBVA's takeover expectations