Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ First euro funding in almost a decade ◆ Part of early refi of its last euro bond ◆ Rarity makes it a trickier sale during heightened market volatility
◆ Landesbank increases senior market presence ◆ Slower demand due to limited familiarity beyond Germany-speaking investors ◆ Similar execution to other recent 'rich' SP bonds
◆ Fixed rate tranches leave double-digit concessions to attract hefty book ◆ Favourable cost to dollars ◆ HSBC surpasses 2026 holdco funding plan
◆ Steady demand thanks to improved investor perception ◆ Deal pays high single digit premium... ◆ ... but becomes issuer's tightest unsecured issue for many years
More articles/Ad
More articles/Ad
More articles
-
New senior unsecured FIG supply in the second half of the year could be a lot lower than in the first half despite a strong market backdrop, high investor demand, and impressive performances from bank debt in the secondary market, bankers told EuroWeek Bank Finance on Monday.
-
Goldman Sachs was set to price the first euro senior unsecured FIG benchmark in nearly three weeks on Monday after it opened books on a seven year transaction, sensing an opportunity as demand for FIG paper continues to build. -
Strong investor demand for FIG paper enabled a flurry of borrowers to flatten new issue concessions in the dollar market this week ahead of an expected slowdown in supply.
-
The UK’s Prudential Regulation Authority has called on the country’s banks to stick to the spirit of the European Capital Requirements Directive package by using easily understandable regulatory capital structures. But at the same time, it recommended that banks comply with its own vision for additional tier one securities, which goes over and above the European regulations.
-
The junior debt of Credit Suisse or UBS would not have to be fully wiped out before losses were forced on senior bondholders in a bail-in situation, the Swiss regulator has said.
-
Most European investors believe that the European Union’s plans for banking union within the single market will not reduce default risk for its banks, according to research by Fitch Ratings. The results of the survey highlight the conflicting effects of banking union on the risks involved in buying bank debt, said the agency.
