Banks
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Issuer’s second bond in 20 years tightened 15bp from initial guidance
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Financial companies had to pay up when bringing back big unsecured bonds
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The Swiss bank is sufficiently capitalised and fears of 2008 are far-flung, though dire market conditions are against its restructuring
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The Flemish Community is also in the market selling a €2bn dual-trancher
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The Swiss bank’s latest travails seem to have more to do with publicity than liquidity but the messaging will be known come October 27
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Hire previously held same role at the Royal Bank of Canada
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Regional borrower secures €500m
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BWIC rise tenfold on UK asset manager selling but German consumer lender raises €1bn
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Substantial concession brings in tidy book
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Trading of Xior's shares was suspended to allow two funds to cut their stake