Euro
-
Former National Express joins stream of new bond issuers -
Investors turn up for triple-B rated debt from out of favour sector
-
◆ Belgian bank completes its largest deal at €600m ◆ Debut green bond attracts ‘classic ESG’ investors ◆ Lower tier bank issuers are starting to face some indigestion in the euro FIG market
-
Supply resumes after issuers took a nearly three month break
-
Deals went well but have not dispelled concerns around the fragility of euro covered bond demand
-
Danaher spin-off water company plants its flag in the euro market
-
Issuers to 'de-risk' euro covered bond funding with short dated deals
-
Solid market conditions help corporate borrowers print close to curves
-
◆ Only 10bp-15bp needed to seal sophomore euro sale ◆ Little investor attrition as interest for the format grows
-
-
Issuer raises nearly $4bn within three days across different currencies
-
Banks are getting busy refinancing additional tier one — could even UBS issue?
