Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ Deal is joint tightest in the asset class since October 2021 ◆ Finishes with larger book than Nordea's November 2025 outing ◆ 'Flight to quality', outright rates and search for sub paper power strong outcome
◆ First RT1 since January ◆ Huge order book with no attrition ◆ High-beta appetite increases further down the capital structure, lead says
Bank's $1bn sukuk continues the AT1 deluge despite resumption of air strikes
The bank exercised a call date a month ago and has another late this year
More articles/Ad
More articles/Ad
More articles
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◆ Market moves wider but German insurer still gathers €2.4bn of orders ◆ Pays higher NIP to print than it would have a day earlier ◆ Starts buy-back of RT1 ahead of September call date -
◆ Two banks print €2bn on the back of almost €5.5bn combined demand ◆ Investors keen to pick up yield through subordinated debt ◆ All this, despite tier two paper trading tighter than a year ago
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◆ Issuer drives down yield by more than 200bp tighter than where other European national champions printed three months ago ◆ But this means smaller book that raises performance questions
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Banks deemed 'solid' but risks in credit quality and growing non-preforming loans pose problems ahead in weak economy
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High net worth Nordic investors have been buying local AT1s as an alternative to equities
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◆ High yields pull investors into local currency AT1s ◆ SR-Bank to use proceeds to refinance March AT1 call ◆ Will hold tender for existing bond to reduce cost
