Top Section/Ad
Top Section/Ad
Most recent
Financial institutions triple issuance in the currency this year, while corporates make greater use of euro and sterling taps
Private taps offer issuers an alternative route through uncertain issuance windows due the Middle East conflict, bankers say
Higher coupons and steady rate expectations draw investors back into the currency
SSA issuers increase focus on PPs amid quieter period for public markets
More articles/Ad
More articles/Ad
More articles
-
Gazprombank, which sold a rare dollar private placement on August 16, is open to considering reverse enquiries for private deals in a wide range of currencies and maturities — so long as the cost of funds suits the borrower, according to a company official.
-
MTN issuers could already be losing funding opportunities as they deal with the impact of changes to the EU Prospectus Directive, writes Craig McGlashan. -
Banks are enjoying another week of solid demand for private placements, with some issuers taking advantage of the private market to print deals even while in blackout, EuroWeek Bank Finance understands.
-
Investors snapped up Nordic banks’ private placements this week, even as some issuers tightened levels amid the strong demand. Swedbank, Pohjola Bank, Danske Bank, Nordea and Sparebanken Vest all sold deals in size, flying in the face of the usual August lull in the capital markets.
-
Two Turkish banks have been printing private placements as the country’s benchmark spreads have struggled to bounce back while civil unrest continues in the republic. Turkish Vakifbank has printed four private placements in the last fortnight via Citi, while Garanti Bank printed a $7.8m one year zero coupon note via Royal Bank of Scotland at a discount on Tuesday.
-
Pohjola Bank has raised €260m with its first private medium term notes in euros since December, finding demand just days after exiting its blackout period.
