Europe

The UK’s arrival as a green sovereign bond issuer will provide a boost to the development of the sterling public sector socially responsible bond market, according to analysts at BNP Paribas, in a recent report.

Deal could mark the entry of a new player into the European CLO industry

Numis wants to shed its tag as a UK small-cap broker and become a bigger force in European corporate finance, writes David Rothnie

RBC Capital Markets has hired Mizuho's head of European consumer and retail, Aakash Mohan, to lead its investment banking coverage of the consumer products sector.

"We want to use this change of structure and these new leadership roles to foster this multi-product solutions mentality," Pete Mason tells GlobalCapital

Petropavlovsk, the London-listed Russian gold miner, will repurchase over $135m of international bonds due in 2022 to ease a maturity that Fitch has said is vulnerable to the last year of board and management instability.

Kernkraftwerk Gösgen-Däniken split open a quiet Swiss franc market on Monday as it looked to slip in ahead of the post-summer rush, landing its eight year bond 3bp through fair value.

This week's funding scorecard looks at the progress European sovereigns have made in their funding programmes in August.

The Swedish krona covered bond curve has steepened over the course of the year alongside a rise in net issuance, with last month's volumes almost twice those of last July.

Peripheral European banks have dramatically outperformed their core European peers in the additional tier one (AT1) market this year, with market participants suggesting core names should therefore still have plenty of room left to rally.

Ukrainian steel and mining company Metinvest is looking to buy back a portion of its 2026 bonds after the company’s Ebitda almost quadrupled in the first quarter of the year.

The Emerging Markets Investor Alliance, a non-profit comprising several major EM asset managers, will release “enhanced” principles for green, social, sustainable and sustainability-linked bonds on Thursday in response to what it sees as a “loss of confidence” in the labelled bond asset class.