Erste Group Bank
-
Five issuers from core Europe priced covered bonds this week but the standout success, which could have been priced without the European Central Bank’s help, was the first Austrian deal of the year from Erste Bank.
-
-
The Slovak Republic sold its €1bn 15 year bond on Thursday in what proved another lesson for bond syndicates in how inaccurate CEE sovereign secondary curves can be as a measure of where to price new bonds.
-
Following in Poland’s path, around half of the CEE sovereigns have plans to issue bonds in the first quarter of this year, according to Erste Bank. -
Macedonia has emerged with a new five year euro-denominated bond offering a new issue premium of over 50bp at the initial guidance stage, according to two syndicate officials away from the note.
-
Groupe BPCE launched its first tier two deal of the year on Friday, taking advantage of a buoyant market requiring slimmer new issue premiums.
-
LeasePlan, a leading fleet management firm, has placed a rare investor-led private medium term note in Czech koruna, while a French real estate company sold its largest ever MTN in Hong Kong dollars.
-
Peter Bakos has joined the debt finance group at Bank Muscat in Dubai to head its cross border business development.
-
The Republic of Macedonia has mandated Citi, Deutsche Bank and Erste Group to arrange a euro denominated bond.
-
Immofinanz, the Austrian property company, conducted a €150m accelerated bookbuild on Tuesday evening in shares of its affiliate Buwog, a residential property developer. It was the culmination of a complex and carefully designed process to redeem a €375m exchangeable bond. The sale was priced at the market closing price, without a discount.
-
KazMunaiGas - Socar - Turkish Airlines - IAG - Northgate
