Top Section/Ad
Top Section/Ad
Most recent
Distinction in Europe’s corporate bond market is not a bad thing
Corporates take advantage of investor inflows and strong demand as supply edges closer to an all-time monthly high
Explicitly guaranteed Dutch utility company expected to trade tighter against govvie and agency peers
Poste will not borrow for the cash component
More articles/Ad
More articles/Ad
More articles
-
EnBW, the German electrical utility, and the financing arm of a Dutch truck company, DAF Paccar Financial, hit screens with highly rated euro trades on Monday. Central bank bond buying higher than forecast, pushed investors to oversubscribe the deals even though the spreads on offer were thin. -
Listed real estate firm CPI Property is repaying a portion of its Schuldschein early at par, taking advantage of favourable legal conditions in Germany regarding early prepayments of floating rate loans. Sources say other companies may use this option if funding conditions remain so attractive in public markets.
-
US high grade corporate names hit the European market at the outset this week with WP Carey and General Motors selling bonds and Equinix mandating for a green deal. But syndicate bankers say rising US rates are still some way off the sweet spot to make the euro market irresistible for all Reverse Yankee issuers.
-
Korea Expressway Corp is in the process of hiring banks to lead a planned dollar bond transaction.
-
Hennes & Mauritz, the Swedish clothing retailer, earned blowout demand for its sustainability-linked debut bond, but bankers off the trade said on Thursday that the exuberance was indicative of just how far capital markets have strayed from reality.
-
Europe’s high grade bond investors showed they are still willing to swallow ultra-thin spreads this week, when Dutch leasing company LeasePlan priced a green bond well inside fair value and Deutsche Boerse won ample demand for a thinly priced €1bn deal.
