Issues

Sustainable sukuk has strong optics, but some have concerns about secondary performance

When senior unsecured spreads are so tight, why even think about issuing covered bonds?

◆ Italian bank opts to refinance early deal with call due next year ◆ Pays heightened premium but lower spread compared to earlier, shorter tier two ◆ BPM has been acquiring stakes in Italian financial institutions

Massive market swings make analysing new issue premiums a challenge

The Finnish company says it is committed to 'green transition, flexibility and profitability'

Moody's and S&P have also cut the UK water utility's ratings

◆ Landesbank balances size and price aspirations ◆ Rising geopolitical tensions drive up new issue premium ◆ Spread tightened by less than on recent deals to keep investors in the book

Straightforward print expected for sukuk

◆ Tenth syndication probably bloc's last for 2024 ◆ Large subscription ratio as usual ◆ January looking 'extremely positive'

Co-head of European and Asian emerging markets departs

Toll road company tightens 50bp and sees ample demand

Lev fin banker will begin job in the new year