Issue 1752

Leader

New working, old attitudes

Time to bite the MREL funding bullet

Public Sector

Greece’s €1.5bn bond solid but nibbled by volatility

Juicy sterling spreads on offer as SSA trio swoop

Cades leads flurry of SSA euro deals

KfW lands its largest ever green order book

Kommuninvest heads to dollars

UK shows sterling still strong for some

Bond Comments

Covered Bonds

Aareal and RFLB Tirol issue strong covered bonds

SG enjoys ‘resounding success’ in long covereds

NBC issues first Sonia covered bond

Deutsche Kreditbank issues ‘blowout’ social Pfandbrief

Financial Institutions

Senior FIG braced for pricey pre-summer supply

Santander scoops €2bn with defensive FRN

Württembergische Versicherung sets sights on debut tier two

Russian gas embargo could hit bank capital ratios

Reliance pulls back as US FIG bonds run cold

No NIP as Pacific Life swims into Swissies

De Volksbank, BFCM pay up to access senior euro funding

Bond Comments

Securitization

OneMain prices first social bond ABS

Supermarket Income Reit nearly doubles share sale as pipeline grows

US CLO resets return, as market inches towards normality

Corporate Bonds

Philips and Kering sell successful bonds before US growth shock

US corporates head for the hills as vol climbs

SLB market squares up to Scope 3 emissions bogeyman

High Yield

Syndicated Loans and Leveraged Finance

Europe's levfin machine sputters back to life

Emerging Markets

CEEMEA bond mandates pile up for after FOMC meeting

Chilean copper miner braves volatile market

Heritage Petroleum plans new issue with tender exercise

Hopes for CEE revival dampened after Russia targets gas exports

Congo starts investor meetings as MinFin plans ‘longer term market instruments’

Latvenergo looking strong despite neighbouring Russia

Investors undeterred by links to Russia on CIS deals but pipeline thin

Garanti may offer buy-back to irked T2 holders

Export Trading Group eyes debut deal in tough CEEMEA primary market

Mexican sovereign eyes sustainable Samurai

Aegea SLB succeeds in tough market

Equity

Improved blocks market a rare sign of strength in battered ECM

Musk’s Twitter bid hands convertible funds arb opportunity

Plenitude puts Italian IPOs back in the spotlight

Darktrace employees sell shares in oversubscribed block

Market News

People Moves

Southpaw

Morgan Stanley’s Musk role shows Wall Street elite remain above disruption