Issues

Bond sales spark questions of who invested and whether issuer was augmenting or replacing public benchmark funding

The Spanish lender is looking to buck the trend among European banks that have tried and failed to build a sustainable presence in US investment banking

M&A funding dominated the last full week before Thanksgiving

Looking beyond domestic comfort is key to achieving the economy-of-scale benefits an integrated market could bring

◆ Nordea's deal shows greemium is alive in the FIG market ◆ Pricing was flat to fair value thanks to robust demand ◆ Bawag uses tender to reallocate old investors into new €400m tier two refinancing

◆ Fourth deal in a little over a week will add to $6.5bn of AT1 issuance ◆ Comes just a day after Barclays garnered huge response for its tightly priced trade ◆ Santander seen focusing on achieving lower yield

◆ Macquarie Group's first euro senior deal in almost two years ◆ Aussie name likely lured investors ◆ S-Bank issuing euro FRN

Poland's second biggest lender tightened pricing by more than 30bp

The sovereign raised almost $565m on its first Japanese outing in a decade

Tumbling inflation boosts duration bid as issuer catches record 248 orders

The books are covered at the final guidance of €5.30 a share, say sources

The Swedish landlord has begun a highly dilutive rights issue to repay debt