Banks
-
Bankers say it is hard to say why demand for the deals was subdued -
Vest Boligkreditt finds price traction as Oma issues its debut benchmark
-
Sale is expected to value the Norwegian consulting firm at Nkr5.65bn
-
◆ Deal marketed at a price to sell ◆ Structure suggests UBS is optimising funding volume ◆ Reluctance to buy Swiss AT1s remains but fixed income markets are recovering
-
Higher rates are powering an equilibrium in the AT1 market that may tempt even the most unlikely of issuers to come to the market
-
Name recognition helps bank go against the grain to tighten pricing
-
Market ‘took positives’ from US data, central bank meeting, and US Treasury volumes last week
-
Transaction could have been much larger but Italian bank was ‘driven by price’
-
DZ prices 36bp inside Oberösterreichische as the third consecutive trio of deals lines up
-
Former IB co-CEO to join as vice-chair of corporate and investment bank
-
◆ Better market mood suggests more FIG capital issuance on the cards ◆ BBVA goes for longer tier two in dollars ◆ Some suggest UBS will issue AT1 as early as Wednesday
-
European real estate sector has been pressured by rising borrowing costs
