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
-
Holdouts against Bank of Ireland’s capital generating liability management exercise looked increasingly isolated this week after a higher than expected 70% of subordinated bondholders tendered debt for cash or equity.
-
Irish bank recapitalisations took another step forward on Tuesday as Allied Irish Banks called thirteen subordinated securities at 0.001% of par, having gained permission to do so last week through a liability management exercise.
-
Spain’s sovereign debt would only increase moderately if the country's bank restructuring fund has to lend more money to the country’s financial institutions, according to the governor of the Bank of Spain.
-
Old Mutual, the insurer, is offering to buy back up to two-thirds of a Eu750m tier two bond due in 2017.
-
With CDS on Allied Irish Banks due to be triggered on another, more stringent, criteria, and Bank of Ireland bondholders filing a legal dispute against its liability management offer, tensions are rising over Irish banks’ debt-based recapitalisation efforts.
-
Liability management exercises on Irish subordinated bank debt began to bear fruit this week, as Allied Irish Banks hit a take-up rate of 86% and EBS Building Society, 100%.