Issues
-
String of exits mean reliable source of deal flow is at risk
-
More shares sold to undisclosed international financial company alongside total return swap
-
JP Morgan and Dutch pension fund PGGM transacted derivatives margin trade
-
Most lenders from 2019 SLL returned for this financing
-
Books bulged in July as investors flocked to the last of the summer deals
-
◆ Swiss bank quickly follows $2bn AT1 with senior holdco print in euros ◆ Deal's high oversubscription may tempt others to print soon ◆ DNB diversifies funding printing rare euro FRN
-
◆ Wendel’s decision to refinance bonds early pays off for company ◆ Demand for €500m trade hits €3.1bn ◆ Spread thunders in by 38bp during bookbuilding
-
-
Sentiment towards affected major banks improves but major ratings agency judges overall situation credit negative
-
Deal is a mix of green private placements, term loans and revolving credit facilities
-
Rare Turkish block follows stock market recovery
-
Deals up to 20 years could be possible — if issuers are willing to pay some NIP