Record-breaking multi-tranche deals, innovative structures and tight prints have abounded in the Swiss franc bond market, attracting debut issuers, repeat visitors and borrowers not seen for more than a decade to the market. Competitive pricing, coupled with investor diversification have drawn international names from all sectors to the Swiss franc, while domestic issuers have found the market flexible to meeting funding needs of all sizes. But will investors welcome all names to the market? And is the Swiss franc a good fit for all?

To discuss this and more, GlobalCapital will bring together a high-level group of issuers and investors in Zurich in November for a breakfast briefing dedicated to the Swiss franc bond market.

Corporate hybrid capital has been a stable asset class for a decade, providing companies with capital that supports their credit metrics without diluting shareholders. However, recent interest rate hikes and Moody's introduction of a new methodology for granting equity credit have significantly altered the market. These changes open new opportunities for issuers, but investors' reception and willingness to provide pricing benefits to new structures remain uncertain.

To discuss these issues GlobalCapital will gather a high-level group of issuers and investors in London, for a briefing about the challenges market participants are dealing with in the hybrid capital market and where the product is heading.

Make sure to register your interest – spaces will be limited. More details to follow.

The UK securitization market sits on the precipice of radical change. Brexit has put the UK government in charge of its regulatory destiny, while the 20+ years of blissfully low interest rates is well and truly over. After years of struggling, some would say to exist, market participants in UK securitization finally feel like they have a chance to compete. Old faces are beginning to return to the market while new ones are dipping their toes in the water.

On March 13, 2024 we welcomed a group of issuers and investors for a briefing on UK securitization. Make sure to register your interest for our next upcoming events!

The idea of multilateral and national development banks issuing hybrid capital has rocketed to the top of the agenda in the public sector bond market. A few had done so in the past, but none of the high-profile triple-A rated institutions. Now MDBs’ shareholders, national governments, have grasped the idea and are pushing the institutions to explore it. All of them are examining the possibility and many are likely to go forward with transactions.

The big unknown is how they will be priced – more like corporate hybrid debt or bank paper? MDBs could be at the birth of a new asset class.

On February 27, 2024 we welcomed a group of SSA issuers and investors for a breakfast briefing on SSA Hybrids. Make sure to register your interest for our next upcoming events!

The need for debate and discussion in the FIG market has never been greater, following the collapse of SVB and Credit Suisse. Assumptions around the very structure of banks and their funding are being questioned and confidence in regulations has been hit — all this at a time when capital markets are making the tricky adjustment to central banks withdrawing monetary support and ramping up interest rates.

On December 13, 2023 we welcomed a group of financial and treasury officials at financial institutions, and investors in FIG securities for a breakfast briefing on UK Bank Capital. Make sure to register your interest for our next upcoming events!