Banks
-
Dutch lender came 1bp inside recent 12 year German deals
-
Fonplata, Province of Manitoba and AFL are the latest SSA issuers to look to Swiss francs
-
In European mergers and acquisitions, UBS is enjoying its best run for years, especially in the UK, as bankers from the paired firms work together
-
The bloc's bonds outperformed swaps and France but views still mixed as to the issuer’s true status
-
◆ Volatility spikes across markets and asset classes ◆ Citi differentiates from peers by funding at short end too ◆ Amex shows demand for FIG bonds as it issues senior and subordinated debt with negative NIP
-
CDC seizes French agency momentum while IADB takes £500m from new nine year line
-
◆ Order book halves after ‘aggressive’ tightening ◆ Bankers away say deal came through fair value ◆ FRN bid 'strong'
-
French agency capitalises on rare capital market visit
-
Supranational takes €5bn in second syndication of April
-
Sovereign issuer passed ‘real test for investors appetite’ after returning to IG ratings status
-
The European Investment Bank and Greece are prepping trades
-
◆ First euro AT1 in almost two months ◆ Demand is strong but premium required ◆ Changed balance between investors and dealers
-
Sean Lynch is the Swiss bank's latest hire for its US operations
-
The long eight year tenor appealed to all sorts of investors, who pledged almost €2.6bn of orders
-
Strong duration bid saw larger-than-usual tightening and skinny concession for long-dated tap
-
Finland will also be in the market as a trio of other SSAs ready fresh bonds in core currencies
-
Barclays hired UBS banker as M&A chief, shuffles M&A senior staff
-
Widening Bund swap spreads draws bid back to paper
-
German policy bank in comfortable position after renewing its entire dollar curve
-
Issuer has more to fund this year than last, as Canadian SSAs ramp up borrowings
-
Investors are ready to embrace unsecured bank debt yet again — but at double digit new issue concessions
-
◆ Money centre banks drive $25bn-plus three-day issuance rush ◆ Goldman first refinances capital with new, cheaper deal and then returns for senior funding ◆ RBC debuts its most subordinated debt in US dollars
-
Marcel Grélat will depart after more than 30 years at the bank
-
Deal was issued after new green financing framework was put in place
-
New recruit in Paris will run sustainability for global markets
-
Issuers ‘strike while the iron is hot’
-
◆ Swiss finance minister suggests $10bn-$25bn additional capital for the single largest bank ◆ Equivalent to increase of 20-30% CET1 ◆ Changes ‘broadly positive’ for bondholders, but AT1 spreads could face pressure
-
Sparkasse Bremen garners surprising demand thanks to ‘thin pipeline’
-
SSA DCM hire ends DZ Bank’s 'recalibration' of its SSA DCM desk
-
MUFG hires new investment grade finance director for Germany and Austria
-
◆ Global markets search for clues on how long before US rates are cut ◆ Fed path deemed more important than Middle East conflict in dictating primary market tone ◆ Pipeline across capital stack once clarity emerges
-
Not all issuers drew large oversubscriptions in mixed market
-
Rare issuer brings lone trade in the currency while SSAs fund in dollars
-
At least four issuers will price dollar deals of between three and 10 years on Tuesday
-
◆ Santander paid 10bp-15bp new issue premium ◆ Lead says paid up more because of market uncertainty ◆ Some bankers argue Middle East conflict ‘had no impact on pricing and execution’
-
World's oldest bank to offer a pick-up to recent Italian deals