France
-
Public sector borrowers were able to tighten pricing and achieve well oversubscribed books for socially responsible investment bonds on Tuesday, as investors took advantage of the flood of issuance in the sector. The momentum is likely to continue with more deals expected over the coming weeks, according to SSA bankers. -
The strong demand that has permeated the dollar market over the last few weeks showed no signs of abating on Tuesday, as a pair of borrowers issued benchmarks that were comfortably oversubscribed.
-
Cassa Depositi e Prestiti on Tuesday brought the first syndicated SSA supply from Italy since a large sell-off in BTPs began in May — and investors appeared happy with the risk, allowing tightened pricing and a well-oversubscribed book. The sustainability bond came amid a flurry of SRI deals.
-
Korian, the French operator of care homes for the elderly, has raised €60m via a tap of the popular €240m perpetual hybrid convertible bond it issued in June 2017.
-
Société du Grand Paris mandated banks on Monday to market its debut green bond.
-
BPCE brought out its first social bond from a relaunched sustainability framework on Monday, with proceeds targeting local economic development. It broke the record for the size of a social or green bond issued by a European bank.
-
The name Covivio Hotels is new to the corporate bond markets, however the company behind the brand is not. Formerly known as Foncière des Murs, the hotel investment company sold its first bonds under its new name on Monday.
-
Groupama Assurance Mutuelles was marketing a new 10 year bullet tier two on Monday, with Phoenix Group Holdings hoping that market conditions will remain strong for a similar trade that it is planning to bring this week.
-
The French region mandated banks on Friday for its first green and social bond, which has been targeted for the long end of euro curve.
-
French polling and market research firm Ipsos issued its first public corporate bond on Friday, following an investor update, but the responses the company received on the call were inconclusive.
-
-
