Erste Group Bank
-
◆ German issuer showed little order book attrition ◆ UniCredit shared primary market with four others ◆ Market set to slow after a fast start -
Textile producer says offering will come no later than February
-
◆ Intesa Sanpaolo's Slovakian arm is a frequent issuer ◆ Banker said 33bp could be through FV ◆ CEE covereds offer the widest spread, ABN wrote
-
◆ Highest over-subscription rate of Monday's covered deals ◆ Fourth tranche from a Swedish issuer this year ◆ No grow format helped tighten spread
-
◆ Issuer tightened spread by 5bp ◆ One of five euro benchmark covereds issued on same day ◆ BayernLB landed tighter covered in June
-
Fifteen firms join syndicate as firm re-enters north America
-
The German pharmaceutical wholesaler was upgraded to BBB- by S&P last month
-
◆ Eastern Europe's second inaugural covered of 2026 ◆ Issuer's covered bond rating matches Hungary's OTP ◆ Deal adds 'depth' to CEE covered universe, says banker
-
◆ Investors 'hesitant' to buy amid US-Iran talks, lead says ◆ Erste goes alone in euros ◆ Premium debated
-
◆ Austrian bank pays healthy new issue premium ◆ Small order book saw minimal attrition ◆ Banker said market was 'heavier' at open
-
◆ Austrian issuer opted for no-grow tactic ◆ One of three covered bonds priced on Tuesday ◆ Bankers said the deal offered no new issue premium
-
◆ Bankers said the deal offered a few basis points of new issue premium ◆ Bank's last covered bond deal was in January 2025 ◆ Lead managers used a small set of comparables
