Banks

Shunned sectors becoming more palatable, but some buyers still give cyclicals a wide berth

French bank back for the third time in two weeks with a three tranche Kangaroo

◆ Bank pushes forward to raise capital outside of home market ◆ $750m deal rumoured close to 15 times covered at peak book ◆ Deal benefits from government support making it different to other AT1s

◆ Investors primed to book US financials amid supply scarcity ◆ US banks lift $22.7bn in three days ◆ US Bancorp joins on Thursday, MUFG adds ultra-popular Yankee AT1

As a growth-driven acquisition of a business with very little overlap, the deal has the potential to emulate JP Morgan Cazenove

German bank attracts HNW investors to second deal of year in Singapore dollars with chunky coupon

Euro private placement issuance has slowed but there have been some big deals

Ex-Credit Suisse banker joins for debt structuring job

Railway operator is the latest in a string of Korean issuers to have come to the Swiss franc market for funding

Spanish issuer attracts €2.3bn book as bankers emphasise borrowers shifting to dollar market

◆ Bank pushes forward to raise capital outside of home market ◆ $750m deal attracts $7.5bn demand by New York open ◆ Deal benefits from government support making it different to other AT1s

BNG, Finnvera and EAA join peers to tap three year part of the curve