Issues
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Like Renk and Douglas, Galderma has turned to the loan market over bonds after floating
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Japanese banking group creates new research role
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Landesbank Berlin’s sub-benchmark print to provide the next 10 year test
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Calculating concessions ‘the only real challenge’ in red hot covered bond market
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◆ All issuers complete deals with seemingly no competition among them ◆ Three banks choose short and mid range maturities to tap different investors ◆ Market remains receptive for more issuance
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Latin American development bank reappears in sterling market after 22 years
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‘The market is all fired up’ ahead of possible rate cuts from the European Central Bank
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Company seeks to raise capital after equity ratio fell to ‘unsustainable’ level
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Unrated companies keep trickle of successful bond issues coming
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◆ Rival bankers praise deal ◆ Caution as leads ‘don’t have buyers at any price’ ◆ Secondary market performance seen as key to investor appetite
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Czech property company ‘would love to issue bonds again’
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Normally issuance drops off steadily, but primary activity was high in March