Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Gulf AT1 issuance is much higher than last year, tiring out investors
◆ Italian lender achieves tight spread, pays 'generous' concession ◆ But book building deemed slower ◆ Some tier two fatigue creeps into market
Banker had been at NatWest for three years
This is its first ABS deal since November 2023
More articles/Ad
More articles/Ad
More articles
-
Come February unsecured volumes may surprise amid subdued risks, but tight pricings pose a challenge -
US money center bank's perp propels systemically important firms' January issuance to near-$49bn monthly record
-
Market participants are again having to insist that SRT reduces systemic risks
-
◆ First tier two in euros after Aussie AT1 phaseout confirmation ◆ European investors like what they see, even at tight valuation ◆ Some disparity between primary and secondary markets
-
Books were over $2.5bn in the early afternoon
-
◆ Eurobank raises €400m to buy back €200m of acquired Hellenic Bank's tier two ◆ OP Corporate Bank makes first appearance in subordinated euro market since 2020 ◆ Clear preference for yield prevails
