Issues

CGS International Securities thinks there are opportunities to grow its investment banking business in the region, despite a slump in volumes

An increasing number of lenders are understood to be turning down agency positions on syndicated loans, with some said to be pulling out of the activity altogether

Securitization, new hedging techniques, more collaboration needed to pull in private sector

◆ Improved arb lures bank to issue first sterling senior deal for two months ◆ It funds close to where it can issue in euros ◆ But while hopes of more issuance rise, prospects are uncertain amid return of rates vol

Second corporate bond in maturity flies as part of €3bn deal, LVMH also issues

Italian gas group gets new credit line

◆ Deal swells from initial size ◆ No premium needed to seal larger print

◆ Danske saves with three year floater ◆ No NIP needed for Danske’s seven year tranche ◆ DNB’s €1bn print only just covered

Deal turned out larger than some had expected

Promotions in New York and Frankfurt as head steps down

International, emerging market, ESG and tech investors show up for deal

◆ Senior preferred format helps mitigate execution risk ◆ Issuer shifts larger funding into shorter FRN ◆ Rates volatility back on the agenda