Banks

Grid operator Transpower New Zealand returned to the Swissie market this week, landing through its outstanding curve while offering a small premium over Swissgrid.

Workspace Group, the UK office space company, sold its debut bond on Thursday, raising £300m using a green structure, as sustainability bankers say that ESG-linked debuts on the bond market are going to become more common.

Banco de Sabadell was met with good demand this week for the first euro additional tier one benchmark of 2021, as investors welcomed the rare opportunity to pick up subordinated bank debt in the primary market.

Daimler, the German car maker, sold green debt on Thursday. Though the company printed inside its conventional curve, it did not match the sort of negative concessions it achieved in its debut green outing.

Hamburg Commercial Bank is aiming to establish a regular market presence as part of its post-privatisation transformation plan by following a senior deal on Tuesday with a return to a non-preferred format later this year.

Workspace Group, the UK office space company, sold its debut bond on Thursday, raising £300m using a green structure, as sustainability bankers say that ESG-linked debuts on the bond market are going to become more commonplace.

On Wednesday, the Emirate of Sharjah sold a $1.25bn dual tranche bond. Though the issuer conceded that market conditions were not "perfect", given sustained volatility in US Treasuries, this week’s deal allowed the state to extend its credit curve.

The World Bank and the United Nations Children’s Fund (Unicef) have partnered up for a new privately placed deal to front-load funding to the agency — the first time the World Bank has partnered with a UN agency in this way.

LondonMetric, the UK real estate investment trust, is marketing a private placement deal, according to market sources.

Swedish Export Credit Corporation on Thursday became sold the third three year dollar deal by a public sector borrower in as many days, showing ample demand for the short end of the dollar curve.

Alpha Bank priced a new tier two in line with its initial marketing range on Thursday, after failing to build up much momentum through the order book.

Commerzbank and Crédit Mutuel Arkéa shared the spoils in the senior market on Thursday, with the pair tapping opposing ends of the curve and vastly different pools of investors.