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Investors saw plenty of juice in first public AT1 from Chile as regulatory framework draws praise
Mexican lender falls short of bond size target as late 2023 momentum fades
◆ US RMBS sales in Europe: immigration or vacation? ◆ UBS AT1 makes nonsense of claims of investor fears ◆ The EU's last hurrah in the SSA market
◆ IG investors comfort eat sweet spreads ◆ What can FIG issuers do now? ◆ US HEI securitizations: mainstream or flash in pan?
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QBE Insurance was nearly eight times overs subscribed for a new tier two bond on Wednesday, as the Australian firm shrugged off recent volatility to build towards its regulatory capital requirements.
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Lloyds Bank won a long fought battle with investors on Thursday, after the UK Supreme Court ruled a series of the bank’s high coupon enhanced capital notes would not count as stress test capital and could be recalled at par.
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Lloyds Bank won a long-fought battle with investors on Thursday, after the UK Supreme Court ruled a series of the bank’s high coupon enhanced capital notes would not count as stress test capital and could therefore be recalled at par.
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QBE Insurance was nearly eight times overs subscribed for a new tier two bond on Wednesday, as the Australian firm shrugged off recent volatility to build towards its regulatory capital requirements.
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FIG spreads have come under pressure this week, with nervousness creeping into the market following new polls on the UK’s referendum on EU membership.
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South Korea’s Woori Bank is expected to bring a dollar-denominated Basel III additional tier one bond to the market as early as September after its plans were abruptly put on hold in April due to a proposed changes in rules.