Currencies

NWB Bank lands all-time record book

Three borrowers head to euros to fund M&A activity

◆ High yielding deal covered more than nine times ◆ Allows Investec to raise around £100m new capital after factoring buy-back and refi of old AT1 ◆ Strong market sentiment suggests tightening ahead

SLB-only issuer defends against wider investor complaints about small penalties for missing targets

Up to two visits to primary market planned each year, but senior unsecured is not on the bank's radar

French bank is a force in covered and overseas unsecured issuance

Issuers tipped to pile into the market from next week

Premiums vanish as issuers find that anything goes

Japanese financial institution prices senior at flat to fair value

◆ Company will issue new AT1 and aim to tender its old one ahead of December call ◆ There has been no unsecured sterling FIG issuance since January 15 ◆ Comps’ delta between their tier two and AT1 at 2.39%-2.9%, with Investec tier two indicated at 7.58%

Investors are showing a hunger for ‘spready’ periphery covered bonds

Swedish borrower in the market months after agreeing Stanley Infrastructure purchase