Euro
-
ECB’s job made harder by political turmoil in Italy -
As capital costs rise for European banks, chances of AT1 extension increase
-
Italian government on the brink as contagion worries rise
-
New issue concessions on the rise in final major week of issuance before expected summer lull
-
Divergent strategies among desks when and how to execute, if at all, any deals after next week
-
Banks cannot accurately convey the impact of climate change without closing data gaps
-
Coupon difference between deals printed a year apart highlights direction of market
-
High borrowing costs, market volatility and lower investor demand push back timing of subordinated issuance
-
German issuer was able to print a longer dated bond than has been the norm but Korean borrower had a tougher time despite the new issue premium it paid
-
-
Firms "significantly understate" the impact of climate change
-
Issuer plans dual tranche trade in final week of major deals before expected summer lull
