Issue 1770

Top Stories

Treacherous bond markets leave companies second-guessing funding plans

Germany seals green deal but greenium shrinks amid volatility

Crunch time for European ABS

Advantage covered bonds as fickle unsecured markets come unstuck

Woes in euros lure CEE sovereigns back to dollars

Leader

The greenium is going strong — just look at LatAm

Covered bonds excel in splendid isolation

Public Sector

Sagess drills through with new 10 year bond

OeKB, Finnvera to end busy week despite nervous outlook

IDA, KommuneKredit test long end demand

Covered Bonds

Santander issues ‘stand-out re-entry’ Cédulas

Virgin’s solid Sonia execution will encourage more UK supply

Raising Rates: wide swaps support spreads but supply deluge spells disaster

Swiss Crédit Agricole gets two part covered bond away

Financial Institutions

Rates sell-off halts unsecured FIG funding

Lloyds resumes AT1 funding with £750m SEC-registered deal

RBI shakes off Russia worries and shaky market to break year-long senior absence

Dollar bank issuance surge set to ease

Securitization

European ABS to become attractive as QE winds down

Carvana clinches fourth ABS of 2022

Gallagher Re hires Natixis director with European growth in mind

Corporate Bonds

Lacklustre JR East trade chugs home

Siemens succeeds with multi-trancher in wary market

Rare corporate issuer GBL braves intraday trade

Corporate primary rattled by record eurozone inflation

Corporates prepare for September deluge after zero supply week

Syndicated Loans and Leveraged Finance

TeamViewer grows revolver with sustainability-linked refi

New loan financing funds efficient paper machine for Gascogne

KKR hires new France head for credit and markets

Emerging Markets

Mexico likely done for the year in external markets

Investors face post-plebiscite uncertainty in Chile

Croatia weighs first dollar bonds in ‘buyer’s market’

BGK orders top €1bn in positive sign for CEE issuers

EM lenders not worried about sanctions risk in Turkey

Equity

Volatility rises to threaten autumn IPO window

Zur Rose reopens Europe’s convertible market

Absa trades up after Barclays exits stock

Taaleem Holdings joins Dubai IPO hopefuls

Hope for German IPO market as Porsche, Nucera tee up deals

Market News

Solomon’s bold Covid move could kickstart the real office influx

Remote labour isn’t working

Nomura: selling a new syndicate structure

People Moves

BofA hires sustainability banker from BNPP in green push

Lloyds hires Winter for CIB push

Southpaw

SocGen casts net wide in CEO succession riddle