Euro
-
Recent transactions have underperformed after issuance -
Market participants wonder how much more the French bank will need to cough up for the extra loss-absorbing features
-
The French insurer offered about 10bp of premium to bring its deal home
-
Investors beefed up their orders for senior deal once Dutch bank had set final spread
-
The Spanish bank paid a small premium to print a €1bn deal
-
Bankers expect a busy week ahead across the liability stack
-
Insurer tests the long end of a quiet market
-
Banks will have to live with “turmoil” as autumn issuance rush begins
-
Posco Co, one of the world’s largest steelmakers, has raised €1.07bn ($1.26bn) from South Korea’s first green convertible bond.
-
KfW cut a lone figure in the quiet summer bond market on Wednesday, launching a tap of a 2030 line and securing a well subscribed book.
-
Avic International Leasing Co turned to the euro market on Tuesday for a sub-one year bond, but the deal’s short tenor and a rough issuance backdrop led to tepid investor response.
-
