Banks
-
◆ First issue since 2014 will pay for tender offer ◆ Bankers expect 'high single digit' handle ◆ Sub note to be replaced a year before maturity -
Hesse takes €1bn after investors flock to Land NRW, Saxony-Anhalt and Land Baden-Württemberg
-
Issuers target both the short and the long ends of the dollar curve
-
New hire tasked with building out Japanese firm's FIG DCM business in EMEA
-
Second tap in the currency in recent weeks as policy bank surges ahead with arb funding
-
Industry veteran only joined bank at start of year
-
◆ Santander Consumer Bank seals 35bp move ◆ 10bp-20bp concessions needed for senior prints ◆ Pipeline slows as issuers enter 'monitoring mode'
-
◆ Intesa takes €1.25bn with first covered bond since 2019 ◆ 12bp of concession left on the table ◆ Portugal’s Banco BPI to follow with its own covered return
-
Investor confidence seems unaffected by Saturday’s aborted coup in Russia
-
◆ Landesbank preps first public senior deal since 2016 ◆ Need to fund growing bank fuels senior return ◆ Upcoming deal expected to offer pick-up to Landesbank peers
-
Tom Wipf stands down after four years leading introduction of Sofr
-
◆ UK bank shows affinity for tier two dollars ◆ Improved US market lures foreign bank capital issuers ◆ US market has great depth
