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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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Standard & Poor’s sent Deutsche Bank’s subordinated debt tumbling in secondary this week by slapping the paper with a sub-investment grade rating.
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Lloyds Banking Group printed a 30 year tier two deal as a flurry of FIG borrowers dominated the dollar market ahead of the Thanksgiving holiday.
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Bankers say higher yielding instruments could coax investors from their Christmas slumber next month, after Allied Irish Banks’ (AIB) priced its well subscribed debut additional tier one on Thursday.
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Albaraka Turk Katilim Bankasi (Albaraka Turk) priced Turkey’s first Basel III compliant tier two sukuk deal in line with guidance on Monday.
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Lloyds is set to exchange two old tier two instruments for new longer dated debt as it shifts towards holding company issuance in the wake of regulators' new emphasis on loss absorbing capital.