Europe
-
◆ FIG spreads show resilience to Iran headlines ◆ Book grew after price tightened ◆ Pricing could have been tighter on different day, rival banker says -
Universal Music, Alstom and Sanctuary Group among those lining up euro and sterling trades
-
UniCredit and Korea Housing Finance Corporation have started the week of issuance with deal announcements
-
Increased investor interest in utilities hybrids could bring down subordination premium, says SSE treasurer
-
Issuers are trying to plot their way through a busy schedule of central bank meetings this month
-
◆ Book shrinks as deal pushes tight ◆ Proceeds could refi upcoming call ◆ Senior retail denoms make defining a senior/sub spread tricky
-
◆ Heavy coverage ratio and low attrition ◆ Investors attracted by extra spread versus KBC ◆ Adds more supply in heavy week for insurance capital
-
The bank has been added to DNB's list of registered covered bond issuers
-
The sovereign returned with a sizeable structured note
-
-
◆ Large order book with some attrition ◆ Fair value debated, with hedge funds spotting it tighter ◆ Investors turning more price sensitive, says lead
-
◆ Busy couple of weeks the Spanish public sector ◆ Madrid, Andalucia also printed, Basque next ◆ 1bp of NIP paid on slightly softer day
