Issues
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◆ French insurers offer the two most desired elements in FIG ◆ Deal prices with 10bp NIP and large oversubscription ◆ More subordinated issuance may follow as market is very strong
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National champions fare better in dragging in demand while lower tier banks struggle
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Little further issuance in CEEMEA primary is expected this year
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German state intends to issue two or three deals before the summer
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The Italian Ministry of Economy and Finance has cashed in on a dramatic rebound in MPS since its recapitalisation a year ago
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Jane Hartley to join Jane Chadwick leading team in Manchester
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Transition bonds continue to gain a foothold in ESG markets
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Spread for €1bn five-year tightens 4bp while new issue concession lands at 6bp
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Leads looked at recent European AT1 deals, but picked ADIB's summer trade as price comp
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Official creditors do not believe a deal with bondholders ensures comparability of treatment
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Banker to cover financials, public sector issuers and asset managers
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◆ Israel has been loading up on bonds since Hamas attack ◆ Is the SLB market about to come of age? ◆ A fresh innovation in corporate lending