Issue 1732

Cover Stories

Omicron drains risk tolerance from primary markets

Investors ready for last-ditch corporate bond push if issuers can be lured out

Levfin’s record year ends with a whimper, not a bang

Tactics shift in Taxonomy battle over gas and nuclear

Leader

Numb to news, equity investors go back to basics

De-risking deals can still be risky

Public Sector

Central banks in Omicron spotlight

NDB tightens debut Sofr floater by 2bp

Books bulge for EIB euro benchmark

‘Relentless’ ESG pusher Gramegna quits Luxembourg finance ministry

Eurofima green Sfr debut yields sub-zero

Bond Comments

EIB EUR750m 0% Nov 2027 CAB

Covered Bonds

SRT market explodes as end of year approaches

Coop Pank applies for covered bond license

Riksbank decision reprices Swedish covered curve

Pfandbriefzentrale finds demand in Swissies amid volatility

Big buyers bemoan allocations in red hot Schuldschein market

Financial Institutions

Uniqa eight times subscribed for post-tender T2

Abrdn readies AT1 after M&A agreement

Monte to restart talks with EU over future

Senior market shuts up shop as volatility bites

Bond Comments

Securitization

CMBS secured on UK motorway services arrives as RMBS prices wide

UniCredit Olympia NPL securitization scores series of firsts

Sycamore Tree closes first CLO and plans to become a 'consistent' issuer

Another good year ahead for new issue US CLOs, predict banks

WhiteStar enters European market with MacKay Shields CLO takeover

Corporate Bonds

Daimler’s heavy duty financing rolls into dollar market

High Yield

Syndicated Loans and Leveraged Finance

Frasers Group refreshes loan facilities

Ireland's Siro taps up PP market for broadband expansion

Emerging Markets

Markets mull differing fortunes of EM bond issuers

Egypt raises $3bn in ESG loan debut

Equity

Saudi exchange operator Tadawul to raise $1bn in IPO

Epic Acquisition Spac seeks to woo investors with overfunding

FCA changes UK listing rules to boost market attractiveness

Rise of retail helps Russia ECM bust sanctions in booming market

Russian IPO mart enjoys high activity but often at rock-bottom prices

Market News

Omicron shows markets fell into groupthink on 2022

Overview — Covid and the capital markets: Complete survey results

Euro credit market not pricing in ECB tapering, says BNP Paribas

People Moves

Deutsche nabs ex-Barclays derivatives banker as South Africa head

Mizuho poaches senior EM debt capital markets banker

Loan veteran Pughe picked up by ABN Amro

Southpaw

Europe’s national champions slug it out for IB glory