© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

Hybrid

Top Section/Ad

Top Section/Ad

Most recent


◆ Book shrinks as deal pushes tight ◆ Proceeds could refi upcoming call ◆ Senior retail denoms make defining a senior/sub spread tricky
French utilities firm to jump into Aussie dollars with hybrid and senior bonds
◆ UK utility prints €1.3bn dual trancher ◆ Issuer skips guidance as it masses orders north of €10bn ◆ Longer call leg draws stronger demand
◆ Fourth Reverse Yankee hybrid in euros this year ◆ US utility tightens hard on strong demand ◆ American Tower clears €750m trade with little concession
More articles/Ad

More articles/Ad

More articles

  • Energie Baden-Württemberg launched a very successful hybrid capital issue on Tuesday, raising €1bn to bolster the subordinated layer of its capital structure at blisteringly tight pricing, thanks to perfect timing after a drought of issuance.
  • Energie Baden-Wuerttemberg launched a corker of a hybrid capital issue on Tuesday, raising €1bn to bolster the subordinated layer of its capital structure at blisteringly tight pricing, thanks to perfect timing after a drought of issuance.
  • Energie Baden-Wuerttemberg, the German electricity and gas supplier, is set to issue its second hybrid capital bond on Tuesday, after holding a conference call with investors on Monday.
  • China Aluminium International Engineering (Chalieco) priced its debut international bond last Friday, issuing a senior perpetual non-call three that pays 6.875%. The borrower opted for a non-call three structure to save costs but this also made the bond more investor-friendly, which meant it was able to shave 37.5bp off initial pricing.
  • China Aluminium International Engineering (Chalieco) priced its debut international bond on Friday, issuing a senior perpetual non call three bond that pays 6.875%. The borrower opted for a non call three structure to save costs but this also made the bond more investor friendly which meant it was able to cut 37.5bp off initial pricing.
  • China Aluminium International Engineering (Chalieco) will meet investors in Singapore Wednesday, February 19, for its debut bond before moving to Hong Kong on Thursday. The issuer has opted for a Reg S dollar perpetual.