Banks
-
◆ Deal expected to come wider than peers ◆ Wider spread likely to mitigate investors asking for shorter maturities ◆ Will be issuer's second covered bond ever -
◆ Strong final outcome gives hope to others ◆ Core issuers aim for investors' 'sweet spot'◆ Bookbuilding shows buyers having the 'upper hand'
-
◆ Domestic and international investors split over price ◆ Final spread strikes balance between differing spread opinions ◆ Debut deal attracts highly granular book
-
◆ Debut bail-in bond expected on Tuesday at the earliest ◆ Welsh borrower to offer a pick-up to larger building society peers ◆ Proceeds to fund senior bond tender
-
Incumbent promoted to global head of structuring
-
Supranational goes super-tight with its first Swiss deal for almost a decade
-
The French bank will reimburse $10,000 for each eligible child for those looking to start a family in extraordinary circumstances
-
◆ Strong demand for rare UK insurance name ◆ Note spotted 5bp tighter in the secondary market ◆ Proceeds to fund tender offer for 2024 subordinated note
-
Promoted MD will sit in the bank’s financial institutions business in London
-
Deal grows to $3bn, with minimal new issue premium
-
Silicon Valley Bank’s collapse in March postponed the pipeline of state selldowns
-
◆ Foreign trio raises $6.5bn this week as Mizuho eyes $2bn ◆ Dollar takes ‘sweet spot’ for major banks over euros ◆ Sentiment for Yankee issuance keeps improving
