Issues
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◆ Transaction ‘looks like a slow deal’ given tightening and size, say rival bankers ◆ Marketing process ‘was too rushed’ for rare euro issuer ◆ Huge corporate issuance ‘may have overshadowed’ sole FIG deal
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Deals of all stripes find a home with 17 euro tranches launched
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Both issuers print with no new issue concessions, but Sparebanken Vest benefited from scarcity appeal and belly of the curve bid
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Mining group to demerge or sell its De Beers, Kumba Iron and Anglo American Platinum units as loan market eyes financing opportunities
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Finansbank off to a good start after Turk Telekom gets heavy oversubscription
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One official promoted, one hired from Fidelity
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Committee ‘reaffirms’ its commitment to Basel III implementation and a prudential crypto standard
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Phil Drake becomes head of UK ECM
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Sovereign issuance has all but disappeared this quarter
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Books bulge as market starts blockbuster week
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New role will help build Lloyds’ institutional investor coverage