Issues

More supply is set to come during the busiest November on record

◆ Irish lender sets size at €1bn ◆ Minimal concession paid ◆ Bank is 'swimming in capital'

Market is particularly interesting for banks doing capital trades

As the move toward vehicle electrification gathers pace, the TRATON GROUP with support from SEB has unveiled a cutting-edge Green Finance Framework to back the group’s investments in battery-electric vehicles and prepare for a rising BEV-related financial services business. GlobalCapital spoke to Philipp Lotz, Head of Corporate Funding at TRATON, and Fredrik von Platen, Sustainable Finance Director at SEB, about TRATON’s green ambitions, the thinking behind the framework and what they are hearing from investors.

◆ Singapore bank returns after lengthy absence ◆ Price tightened from 34bp area ◆ Lead banker said ‘one or two deals left in 2025’

◆ Montreal bank taps sterling for second time in 2025 ◆ Aussie comps considered ◆ Order book shrinks from £820m peak

◆ Deutsche hits euro FIG market 'on fire' ◆ AT1 pays higher than peers ◆ BNP Paribas to follow in Australian dollars soon after UBS broke six year hiatus

‘All done’ for 2025 as UK Budget and Thanksgiving approach but 'very crowded' January ahead

◆ €1bn note eoffered at 38bp over mid-swaps ◆Minimal new issue concession ◆ Senior spreads 'attractive' for issuers compared to covered bonds

◆ Single digit premiums offered ◆ Reverse Yankees dominating euro supply ◆ Floaters proving popular with multi-tranche issuers

◆ Second EuGB bond for EDP this year ◆ Issuer 'left a few basis points to get the trade done' ◆ EDP to invest €12bn in renewable energy

Company has offered the highest yields on Saudi Arabian new issues in the last few years