Europe

Korean Housing Finance Corporation mandated leads for a euro covered bond on Thursday, to be issued under its social framework. At the same time, after this week’s trio of sterling covered bonds bankers believe there is scope for further Sonia-linked supply.

Wise, the UK financial technology company, is looking to make stock market history by becoming the first such firm to list on the London Stock Exchange through a direct listing. If the deal is a success, it will show other issuers a way to go public that avoids having to build an order book for an IPO in a difficult market.

Sweden became the latest European sovereign to access the ultra-long end of the curve this week as it launched its first 50 year bond, opening up the long end of the krona curve for other highly rated names.

Austrian packaging firm Constantia Flexibles has launched a €150m ESG-linked Schuldschein.

Standard Chartered's head of financial markets and financial market sales for continental Europe, Stephan Schrameier, is no longer with the bank.

Credit Suisse’s investment bankers are looking to its top ranks for an injection of belief in the future of the business, following cuts to the bonus pool and defections from those with less patience, writes David Rothnie.

Hipgnosis Songs Fund, the London-listed investment trust focused on music catalogues, has announced a £150m share placing to fund its backlog of asset acquisitions.

GlobalCapital is delighted to reveal this year’s winners of its Financial Institution Bond Awards, which celebrate the top issuers, arrangers, bankers and service providers in the capital markets.

In an innovative step for the Schuldschein market, German filter maker Mann+Hummel is marketing a deal that is both green and sustainability-linked. Several sources have said this could prompt more issuers to use this type of hybrid structure.

UK listed construction firm Breedon has launched a private placement deal, according to market sources, making it one of the first UK companies to hit the market this year.

Unédic hit the market on Wednesday with a €2bn 15 year social benchmark, entering the market as the ripples from Tuesday's €20bn Next Generation EU bond print settled.

Canadian Imperial Bank of Commerce managed an outstanding result in sterling covered bonds on Wednesday. Despite the fact that 60% of this year’s entire supply has come in the past three days it managed to issue a sizeable deal at the same spread as an earlier one from Bank of Nova Scotia.