LBBW top stories

• A bracket corporates hit Europe’s bond market

  

  Europe’s high grade corporate bond market was populated with well rated issuers on Wednesday, as triple-B borrowers took a cautious approach and stayed away after the Easter weekend.

  • 07 Apr 2021

• Vantage and Nidec keep European corporate primary ticking

  Europe’s high grade bond market continued to pump out deals on Wednesday, with Vantage Towers raising three tranches of debt after its IPO and Japan’s Nidec selling a green trade.

  • 24 Mar 2021

• IG corporates bundle into market before end of quarter

  Europe’s high grade corporate bond pipeline is bulging this week, as slightly improved market conditions from last week have prompted a diverse set of issuers to lock in funding before the end of the quarter.

  • 22 Mar 2021

• DIC Asset offers TLTRO ‘fast track’ for ESG Schuldschein

  German commercial real estate company DIC Asset has launched its second Schuldschein, for an initial target of €100m, according to a term sheet distributed to investors. The debt’s margins will be tied to the proportion of green assets the borrower has on its balance sheet. Most notably, there is a ‘fast track’ settlement date for banks needing to secure assets before an ECB funding deadline that falls at the end of this month.

  • 03 Mar 2021

• KfW re-opens five year euro SSA market as Baden-Württemberg prints green debut

  KfW rebooted the short end of the euro public sector bond market on Tuesday with a well subscribed trade which offered a modest new issue premium. The deal shared the euro SSA market with the State of Baden-Württemberg’s debut green bond.

  • 02 Mar 2021

• SSA quartet hit screens ahead of EU SURE mandate

  Four public sector borrowers announced new deals in the primary market on Monday ahead of the European Union’s much anticipated second transaction from its Support to mitigate Unemployment Risks in an Emergency programme this year, which is expected to arrive later in the week.

  • 01 Mar 2021

• Schuldschein agents toy with delayed draws to tempt borrowers back

  Schuldschein agents have begun offering borrowers delayed draws in a bid to increase the product's value as a funding option. Many investors are wary of the prospect of deferred funding but are also desperate for supply.

  • 25 Feb 2021

• Baden-Württemberg preps debut green bond

  The State of Baden-Württemberg will be holding investor calls this week to introduce its new green bond framework ahead of a debut deal in the format.

  • 23 Feb 2021

• UBS and Santander test three points on senior curve

  UBS and Santander Consumer Finance found a combined €8.15bn of demand across the senior curve on Monday, printing deals between five and twelve years in tenor. With market conditions good, bankers expect more deals to follow.

  • 16 Feb 2021

• EU EUR10bn 0% Jun 28 social bond, EU EUR4bn 0.3% Nov 50 social bond tap

  • 28 Jan 2021