EMEA
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Banker to relocate from New York as SG picks pair to take over Americas equities
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◆ Landesbank increases senior market presence ◆ Slower demand due to limited familiarity beyond Germany-speaking investors ◆ Similar execution to other recent 'rich' SP bonds
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◆ Fixed rate tranches leave double-digit concessions to attract hefty book ◆ Favourable cost to dollars ◆ HSBC surpasses 2026 holdco funding plan
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◆ Tuesday's only benchmark covered deal ◆ ASN's second covered in six months ◆ Short-end of the curve is an 'investor sweet spot', says bank
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◆ Swiss pharma group goes long with 12 year bond ◆ Order book holds steady through pricing ◆ Bankers spot low teens concession
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Orders quickly exceeded the deal’s maximum size and over-allotment facility
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Ten-year US Treasury yield passed 5% ahead of the upcoming FOMC meeting
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◆ Saab to add to popular aerospace and defence bond flow ◆ Hella preps crossover trade ◆ Real estate trust readies green bond
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◆ Volkswagen Bank raises €2.5bn across three green tranches ◆ RCI Banque returns with €1.25bn dual trancher ◆ Investors turn more cautious on duration
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Shipping company’s “amazingly well received” Greek offering draws €656m of demand
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Africa’s largest IPO backed by Africa-focused Pan-African Refinery Investment after agreeing to $1bn underwriting programme
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Bloc steals focus in euro market this week as World Bank's IDA brings SEC-exempt debut in dollars