Latest Senior Debt news

• BoCom HK sells bond package for Bay Area financing

  

  Bank of Communications Hong Kong branch has raised over $1.6bn from bonds in three different currencies. The pricing of its US dollar floating rate tranche defied market expectations.

  • 15 Mar 2019

• Barclays waits on ‘tactical’ Euroyen amid Brexit noise

  

  Barclays has prepared new issuance in Japan while it waits out this week’s Brexit drama. The yen market is proving popular among European banks, which are taking advantage of favourable conditions to make total loss-absorbing capacity (TLAC) issuance.

  • 14 Mar 2019

• Intesa hits ‘resilient’ yen market for new Pro-Bond

  

  Intesa Sanpaolo took advantage of the search for yield among Japanese investors this week to make its second outing in the Tokyo Pro-Bond market.

  • 14 Mar 2019

• Orient AMC bond draws mega book as pipeline builds

  

  China’s state-owned ‘bad debt’ managers are making a comeback in the offshore market, after a rally in the sector. China Orient Asset Management Co this week became the second in a month to price bonds and there are more deals on the way. Addison Gong reports.

  • 14 Mar 2019

• Danske finds benefits in going green despite money laundering scandal

  

  Danske Bank attracted impressive levels of demand for its debut green bond on Tuesday and managed to price the deal flat to fair value. Market participants said that green-specific accounts will have helped the transaction gain momentum, even if funds with environmental, social and governance (ESG) mandates are still smarting over the bank’s alleged involvement in a high profile money laundering scandal.

  • 12 Mar 2019

• No end in sight for Brexit blues as UK banks face up to choppy markets

  

  UK banks have surfaced in the unsecured debt markets for the first time in about four months, buoyed by optimism about a series of crucial votes on Brexit in parliament next week. Experts suggest that the country’s financial institutions will have to get used to these sorts of narrow issuance windows, with the country yet to even start the most challenging stages of its exit from the European Union.

  • 07 Mar 2019

• Intesa heads back to Japan for second Pro-Bond

  

  Intesa Sanpaolo is set to return to Japan to sell a second series of securities in the Tokyo Pro-Bond market, after opening the market for the first time for Italian issuers in February 2018.

  • 07 Mar 2019

• BOC jumps on euro bond bandwagon

  

  Bank of China paid a visit to the euro bond market on Wednesday, raising €500m through its Paris branch. It was just the latest Chinese financial institution to fund in the currency.

  • 07 Mar 2019

• BFCM goes long on non-pref senior debut

  

  Banque Fédérative du Crédit Mutuel looked to the long end with its first non-preferred senior bond on Wednesday, following the example Crédit Agricole set late last month.

  • 06 Mar 2019

• Deutsche PBB doubles back around for tighter senior print

  

  Deutsche Pfandbriefbank on Wednesday tapped a senior bond sold in January at a spread that was 8bp tighter than the original re-offer level. It appeared in a busy market, with New Zealand’s ASB Finance also selling senior debt in the euro market.

  • 06 Mar 2019

Senior Debt news archive