Flynn Nicholls

Senior Debt

Norddeutsche Landesbank Nord/LB, Georgsplatz, Hannover, Niedersachsen, Deutschland

UPDATE NordLB brings green senior bullet as Iran conflict escalates

◆ FIG spreads show resilience to Iran war headlines ◆ Book grew after price tightened ◆ Could have tightened further on a different day, says rival banker

Flynn Nicholls, June 09, 2026

Senior Debt

Morgan Stanley shrugs off softer market with sterling-euro hit

◆ Larger than average tranche sizes and price moves ◆ Encouraging sign for sterling issuance ◆ NIP debated

Flynn Nicholls, June 09, 2026

Covered Bonds

Rare sterling and euro mandates fill covered bond pipeline

UniCredit and Korea Housing Finance Corporation have started the week of issuance with deal announcements

Flynn Nicholls, June 08, 2026

GlobalCapital Podcast

View of the Sagrada Familia spires and Barcelona city centre in the distance, Barcelona, Catalonia, Spain

Two comebacks and a pull-back: credit card ABS, insurance tier two and SSA bonds

◆ Credit card ABS grows as securitization sets off for Barcelona ◆ What can scupper insurance tier two spree ◆ SSAs appear unwilling to test Treasury spread record

Ralph Sinclair, June 05, 2026

FIG

Cyprus, Limassol (Lemesos), Grand Carnival Parade held annually in March, Colourful Parade Participants

Insurer tier two parade begins to test investors' limits

Issuers seizing moment as rates stabalise and spreads hold near historic tights but some deals betray signs investors growing sensitive on price

Flynn Nicholls, June 04, 2026

Regulatory Capital

Co Vea Insurance, Offices, now closed and due to be turned into Housing, (a growing trend) Reading, Berkshire, England, UK, GB.

French insurer Covéa Coopérations brings inaugural tier two trade in euros

◆ Heavy coverage ratio and low attrition ◆ Investors attracted by extra spread versus KBC ◆ Adds more supply in heavy week for insurance capital

Flynn Nicholls, June 04, 2026