Currencies
-
Fitch downgrades sector’s outlook amid macroeconomic strains
-
Facility allows Nagarro to add sustainability terms later
-
Erste has rounded off its group funding for 2022 with a €1bn visit to the retail market as Italian banks also issue
-
UK woes send investors running for the exit in neighbouring market
-
Liquidity and price concerns result in insufficient investor demand to swap out of old bond
-
Term loan ‘B’s suggest a revival of levfin market
-
-
Italian bank cuts minimum tender amount to keep as much tier two capital as it can
-
Deal is expected soon but many issuers are postponing until November
-
Yield on the bond tightened by 70bp after spread was fixed thanks to intervention
-
A better day on Tuesday after some high volatility has encouraged borrowers to reveal mandates
-
Market not immune to investor risk aversion as attention shifts to less risky bonds from foreign issuers