Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ Stability leads to third day of FIG sterling issuance ◆ Rabo prints its first tier two four years ◆ BBVA completes first sterling senior bond since 2020
◆ Receptive but crowded FIG market requires concessions for funding to clear ◆ BBVA goes big with its first SP in more than two years ◆ Bawag issues first bond after PTSB acquisition
Bank issuance ranges from strategic tier one capital to insurance subsidiary funding externalisation and big senior bond offerings
◆ Issuer's joint-tightest spread since 2020 ◆ Constructive backdrop helped execution, says lead ◆ Busy primary market expected on Tuesday
More articles/Ad
More articles/Ad
More articles
-
Woori Bank has launched a $180m three tranche loan to capitalise on demand for Korean financial institutions, the borrower’s second internationally syndicated deal in less than six months.
-
Lloyds TSB Bank returned to the Swiss franc market on Monday, following HSBC and Barclays into the currency and taking advantage of what bankers described as a bullish tone on Britain among Swiss investors.
-
Tuesday saw a quiet start for the senior market, despite a strong backdrop and successful deals from BNP Paribas and ING the previous day. FIG bankers said that, with the market in such strong shape, they were surprised not to see more issuance.
-
BNP Paribas and ING are planning to print senior unsecured transactions on Monday after the asset class returned from the weekend markedly stronger than it was last week.
-
Henderson, a UK fund manager, priced a £150m six year bond on Friday as part of a liability management exercise. The unrated borrower issued the note at 475bp over the 4% September 2016 Gilt and with a 7.25% coupon.
-
Market volatility proved little hindrance to triple-B rated Banca Popolare di Vicenza, which took Eu650m of orders on Wednesday for its 2-1/2 year transaction.