Top Section/Ad
Top Section/Ad
Most recent
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?
More articles/Ad
More articles/Ad
More articles
-
Some 43% of National Bank of Greece covered bondholders submitted their paper for buyback below par, helping the bank reach a €300m core tier one gain through its liability management exercise.
-
Standard Chartered enjoyed strong demand for a $1bn tier two issue this week that achieved a slim spread to its senior paper but bankers don’t expect much more issuance in the format. While the UK-headquartered bank had a specific motivation for issuing this week, bankers said that tier two issuance would remain light until there is greater clarity on European capital rules.
-
Four debut issuers joined the LatAm pipeline this week including the year’s first high yield candidate, encouraged by a stronger global market tone and surging investor demand for the region.
-
Standard Chartered’s $1bn tier two issue has been hailed as a success by market participants, but they say regulatory dynamics mean that further similar supply will be light.
-
Commerzbank on Thursday reiterated that it would not need additional state aid to meet a 9% European Banking Authority core capital target by the end of June and again indicated that it would meet the requirement without tapping shareholders.
-
The International Capital Markets Association has gone on the offensive over the European Banking Authority’s contingent capital instrument, setting out its members’ objections to the structure in a letter to the EBA’s chair Andrea Enria.