Aldesa, Nexi out with high yield refis

Despite expectations of a slowdown in the pace of issuance in the European high yield market, two borrowers brought €2.9bn of new bonds this week. Both issuers, Spanish construction firm Aldesa and Italian banking payments group Nexi, marketed refinancing deals.

• 01 May 2018

Iberdrola forced to sell second green hybrid at bargain yield

Spanish utility Iberdrola had significant success with its debut green hybrid bond in November when it received €3.2bn of orders. However, its second such bond failed to tighten from initial price thoughts when it was issued this week.

• 22 Mar 2018

Social bond achieves much tighter print than green bond

Two new SRI corporate bonds were priced on Monday, but with very different results. Iberdrola’s green hybrid bond failed to tighten from initial price thoughts, while Danone’s debut social bond had to pay just 2bp of premium.

• 19 Mar 2018

Telefonica nine year connects with investors

Expectations for a busy week in the investment grade corporate market were maintained despite only Telefonica taking advantage of good primary conditions on Monday, as it sold a benchmark nine year bond in euros.

• 15 Jan 2018

Eight year feast not sweet for all on Tuesday

Four new investment grade corporate bond issues in euros and one in sterling ensured European investors were much busier on Tuesday than they had been on Monday.

• 21 Nov 2017

Galp return, Fenosa green keep corps flow hot

Italian corporate issuers have dominated bond issuance in recent weeks but Wednesday brought a pair from Iberia, as two energy suppliers took advantage of the market's hot conditions.

• 08 Nov 2017

Catalonia dreams of being a Luxembourg for co-op bank issuance

The ministry for the economy of Catalonia, the rebellious region seeking independence from Spain, is working on a white paper on what role the potential new state will play in international markets. The document reveals an aspiration to become a hub for co-operative and ethical bank issuance.

• 16 Oct 2017

Iberdrola starts to feel the benefit of an outstanding green curve

On Wednesday, Spanish electricity utility Iberdrola became the third corporate issuer in a week to print a green bond in euros. The €750m 10 year deal took the total corporate green bonds issued since the summer break to €1.95bn.

• 07 Sep 2017

Iberdrola taps into strong green bond bid

On Wednesday, Spanish electricity utility Iberdrola became the third corporate issuer in a week to print a green bond in euros. The €750m 10 year deal took the total corporate green bonds issued since the summer break to €1.95bn.

• 06 Sep 2017

Bankia squeezes pricing on debut AT1

Bankia paid a very slim new issue premium for its debut additional tier one deal on Thursday, as investors showed they were willing to support two tightly priced trades from riskier Spanish banks in two days.

• 06 Jul 2017