EMEA

Issuers and bankers debate whether pricing against swap rates will become the norm or remain an exception

While there is optimism for 2024, many challenges still remain as the petulant market seeks to drag itself out of a long slump

Vonovia and Traton attract whopping order books for their first deals in the currency, leading to hopes of more new issuers

The bank’s equity capital markets business has upped its game thanks to a sharper focus and a bumper couple of years in one of its biggest markets

◆ Portuguese lender lands deeply subordinated capital deal far tighter than when it first intended to call old note in November ◆ 'Super strong' market for FIG capital serves a tailwind ◆ 50bp tightening from IPTs

Debut in sterling wins whopping £3.25bn final book

The sovereign attracted a large book after record-breaking deals from peers

After a slump over the last two years, the market is expected to recover in 2024

Investors are unlikely to punish issuers who did not call tier two bonds in the last two years

The owner of South West Water is selling up to 24m new shares

Italian distiller has turned to equity capital markets to fund its Courvoisier acquisition, in first jumbo deal of the year in EMEA

Crédit Agricole Italia, SaarLB, OP and Tirol greatly boost covered confidence