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
-
Market participants were keen to dissect the Rabobank hybrid’s structure to assess how replicable it would be for other issuers. "The deal has been structured to be compliant with CRD2 from day one but also to incorporate as many of the Basel December requirements as possible.
-
Asian private banks were the main buyers of a $550m 7.75% perpetual non-call 5-1/2 year hybrid tier one issue for Prudential that was priced last Friday. Private banks took more than 80% of the deal, with the bulk going to Singapore and Hong Kong, at 50% and 34%, respectively.
-
-
Banca Monte dei Paschi di Siena will not call two hybrid tier one issues that are due to be called on February 7 and March 21. "The decision is reflective of the extraordinary circumstances attributable to the utmost uncertainty in the current legal and regulatory framework, which does not yet provide for clear guidance on new issues of capital instruments eligible as tier one," the bank said in a statement.
-
Shinsei Bank will not call a euro denominated lower tier two issue due to be called on February 23, it announced on Thursday.
-
Banca Monte dei Paschi di Siena will not be calling two hybrid tier one issues that are due to be called on February 7 and March 21. In a statement, the bank said “the decision is reflective of the extraordinary circumstances attributable to the utmost uncertainty in the current legal and regulatory framework, which does not yet provide for clear guidance on new issues of capital instruments eligible as tier one.”