Issue 1509

Main

SEB gets tight covered pricing in tired mart

Deutsche Hypo scrapes over Pfandbrief finishing line

Leader

The strong and stable eurozone

Public Sector

News

Floaters to benefit from hawkish Fed

Rare issuers make most of excellent pre-summer conditions

BoE split provokes Gilts wobble

Mnuchin capital curb sets up dollar duration for SSAs

Bond Comments

CPPIB Capital EUR2bn 0.375% Jun 24

BNG EUR1bn 0.625% Jun 27

KBN USD1bn 1.75% Sep 20

CDP EUR1bn 1.5% Jun 24

Covered Bonds

News

Kommunalkredit plans first public sector social covered

Covered supply hopes improve ahead of half year end

LBP wins strong covered bond reception

Bond Comments

Financial Institutions

News

AIG hits euro market after sitting out ‘challenging week’

UniCredit eyes dollars for T2 return after Popular writedown

Popular issues ‘siloed’ as Deutsche Pbb eyes first T2

Popular writedown prompts sub debt rethink

FIG supply lull to open doors for non-EU financials

Lloyds aims to shift up to 20% of its opco debt

Low supply puts investors in ‘Mexican stand-off’ over Brexit

Bond Comments

Lloyds Banking Group EUR1bn Jun 24 FRN

AIG EUR1bn 1.875% Jun 27

UniCredit USD1bn 5.861% Jun 32 tier two

Securitization

Asset Backed Securities

Welk returns to timeshare ABS market

Landmark deals, SoFi bank charter generate buzz in MPL

Three auto deals hit market following Global ABS

News

Residential MBS

Structured Credit

Derivatives

BME Clearing expands into Latin America with a Colombian deal

SGX rolls out total return futures for Asia

ISDA rules supreme as Dexia wins again in Prato swaps case

EC lays out plan to control euro clearing

Corporate Bonds

AT&T shows sterling unaffected by UK government uncertainty

Sub-benchmarks shine in IG market

Foncière des Régions attracts the discerning 10 year investors

News

TenneT green bond attracts quality bid

Investors gobble up green Apple

MSC cruises through records with unrated Swissie

Bonds Comments

High yield

MTNS and CP

News

Bond Comments

Syndicated loans and leveraged finance

Investment grade or Non-leveraged loans

Arrangers ease off as busy Schuldschein eyes records

Leveraged finance loans

Emerging market loans

Ramadan delays loan deals in Middle East

Vitol borrows $700m for Petrol Ofisi acquisition

Emerging Markets

News

Vimpelcom prices $1.5bn to fund identity transition

Yapi Kredi adds to busiest year for Turkish FI since 2014

Multi-faceted appeal boosts Globalworth

Belarus back for dollars as it bids to find support to fund weak economy

Yapi Kredi $500m 5.85% Jun 24

Chile looks to pesos after euro, dollar deals

Uruguay trades up after first step to local yield curve

Lat Am borrowers cash in as investors feel weight of liquidity

Bond Comments

Afreximbank USD750m 4.125% Jun 24

League Table

Equity

Mavi Jeans gains 3.5% after TL744m Turkish IPO

AIB IPO covered, valuation could be €13.3bn

Sibanye Gold’s $1bn rights issue multiple times covered

DoBank, Residential Secure Income to IPO

NLFI’s third ASR Nederland block covered in half an hour

BNP Paribas, Société Générale sell 6.3% of Euronext

ALD achieves €5.8bn valuation as IPO attracts 150 investors

Symrise, Orpar, Astaldi ride wave of equity-linked demand

First Wizz Air block clears at 4.3% below the close

Market News

Trump stance throws doubt on TCFD hopes

EU green finance group considering reg cap cuts

Ecofin hopes to end ‘urgent’ work on creditor hierarchies

GBP set new Social Bond Principles, guide brown issuers

People Moves

People Moves In Brief — June 15, 2017

TD adds euro SSA and covered bond trading — primary push to follow?

Columns

Leader

The Naked Broker

Credit Matters

GlobalCapital View

Food for thoughts

Southpaw

Citi ups the ante in Europe

Euroblog

MTN Leak

MTN Leak: A Peruvian fiesta

Loans Ranger

Tuesday view

UK doesn’t have a clue on Brexit

League Tables

Loans

Bonds

Revenue

New Issues

Cartoons