Issues

Tesco comes for sterling as deals find decent demand after a riotous Tuesday

Final £1.6bn jumbo block priced at a premium to Tuesday's close

US bank hit by third DCM departure

Asset mangers among the buyers as orders swell to £1.85bn

Bank borrowers are eager to make the most of strong bid for covered bonds

Leads saw no new issue premium paid by the issuer after 3bp of tightening

A lead manager saw 1bp-2bp of greenium

◆ 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

Deals of all stripes find a home with 17 euro tranches launched

Both issuers print with no new issue concessions, but Sparebanken Vest benefited from scarcity appeal and belly of the curve bid

Mining group to demerge or sell its De Beers, Kumba Iron and Anglo American Platinum units as loan market eyes financing opportunities

Finansbank off to a good start after Turk Telekom gets heavy oversubscription