Westpac top stories

• Ford starts Kangaroo engine

  

  Ford Motor Credit Company mandated banks on Tuesday to lead a new Australian dollar deal, its first since 2016.

  • 19 Nov 2019

• ANZ offers rare sustainable T2 in euros after Aussie reg changes

  Australia and New Zealand Banking Group Limited (ANZ) launched a new sustainable tier two on Friday. Looking to broaden its investor universe in the euro market and enlarge its tier two buffer after changes in Australian regulation, ANZ’s deal attracted orders of 2.5 times its €1bn size.

  • 15 Nov 2019

• Goldman smashes 5% in pref market as BNPP makes triumphant return

  Goldman Sachs set the lowest coupon of 2019 on a new preferred deal in the institutional bond market this week, while BNP Paribas buried the memory of its troubled dollar trade in January with a storming come-back.

  • 14 Nov 2019

• Investors get set to welcome green bank capital as ANZ preps T2

  Australia & New Zealand Banking Group (ANZ) is getting ready to offer FIG investors a very rare chance to purchase green bank capital in euros, with the issuer set to hit the road for a new tier two in November.

  • 31 Oct 2019

• FIG pipeline bulges with rare reg cap trades

  There is a growing pipeline of subordinated bond issuance in the FIG market this week, as issuers think about their regulatory requirements and find no reason to wait in light of a recently favoruable backdrop.

  • 30 Oct 2019

• Vicinity uses euro bond lull but tightens little

  Australia’s Vicinity Centres, a real estate investment trust, issued a €500m bond on Monday, slipping into what is expected to be a week of weak activity before the high grade bond markets light up again next month.

  • 28 Oct 2019

• SMFG back in Aussie dollars

  Japanese Sumitomo Mitsui Financial Group (SMFG), the holding company for SMBC, returned to Australian dollars on Wednesday after two years away from the currency.

  • 10 Oct 2019

• FRN bonanza sweeps MTN market

  Corporate, FIG and SSA issuers placed floating rate notes this week, pegged to Euribor, Sonia and Libor. With so many issuers coming to market, bankers are interested to see which other borrowers 'take advantage of the liquidity'.

  • 04 Oct 2019

• KfW and Bpifrance smash open euro SSA market

  Fresh from the announcement of a new stimulus package by the European Central Bank last week, investors stormed into the euro public sector bond market on Tuesday, led by KfW and Bpifrance. The latter printed €1.25bn, equaling its biggest ever single issue. The strong momentum is set to continue with a string of mandates, including two supranationals for Wednesday.

  • 17 Sep 2019

• SG Aussie AT1 fails to reach heights of rivals

  FIG bond bankers are worried, as one put it, that “the steam is coming out of the Kangaroo market” after Thursday’s additional tier 1 (AT1) deal from Société Générale failed to reach the heights of deals from UBS and BNP Paribas earlier in the summer.

  • 05 Sep 2019