Latest Senior Debt news

• BOC Aviation scoops up $500m

  

  BOC Aviation took advantage of upbeat market conditions to raise $500m from a quick drive-by transaction.

  • 09:15 AM

• FIG investors jump onboard repriced senior debt

  

  Following a tough year for senior debt valuations in 2018, bank debt investors are becoming increasingly interested in taking up positions in this part of the capital structure.

  • 17 Jan 2019

• Market laps up BNPP’s 'most successful' euro trade ever

  

  BNP Paribas went to sterling and euros on Wednesday to print a senior non-preferred bond. The French bank was heavily subscribed for both, allowing it to tick off another €3.38bn from its €14bn funding plan in the asset class for the year.

  • 16 Jan 2019

• BNZ returns to euros in aftermath of the Brexit vote

  

  BNZ International Funding proved popular when it surfaced with a short-dated senior deal in the euro market on Wednesday. It had waited for UK MPs to vote on the terms of the country’s withdrawal from the EU before looking to investors for the funding.

  • 16 Jan 2019

• BoCom Leasing adds $1.5bn to coffers with first 2019 bond

  

  China’s Bank of Communications Financial Leasing Co managed to raise the upper end of its $1.5bn target size at a tighter-than-expected level on Tuesday, a feat achieved despite a busy bond market in Asia.

  • 16 Jan 2019

• Early January bond volume ‘underwhelming’

  

  Dollar bond issuance in Asia appears to have got off to a strong start, with a rally both in the primary and secondary markets. But that is not enough for many DCM bankers in the region, who are hoping for a bigger upside.

  • 14 Jan 2019

• Danske finally looks to finish after Browder claims

  

  Danske Bank was set to complete its bond sale on Friday at a slightly higher price, after activist investor Bill Browder forced a delay due to his comments about its money laundering scandal this week. Before the postponement, Danske had drummed up a large amount of support in the dollar market, as UniCredit did earlier in the week.

  • 11 Jan 2019

• UniCredit trade shows how Italy needs the ECB

  

  Italian banks are paying up for funding, both a cause and effect of financial stress in the country. It shows why the European Central Bank is likely to continue with TLTRO (targeted longer-term refinancing operations), and why the Italian government has less leverage over Europe than meets the eye.

  • 10 Jan 2019

• Arkéa and Deutsche Pbb join preferred train

  

  Crédit Mutuel Arkéa and Deutsche Pfandbriefbank were the latest European banks to take advantage of this week's calmer markets to raise senior preferred debt.

  • 10 Jan 2019

• Danske deal hangs on Browder testimony

  

  Danske Bank is waiting until activist investor Bill Browder gives a press conference before deciding whether to proceed with the sale of a senior non-preferred bond. News of the conference derailed the deal on Wednesday, after final terms and a $3bn size had already been set.

  • 10 Jan 2019

Senior Debt news archive