Issue 1420

Main

Public Sector

News

KfW corker a sparkling example for euro deals

UK aims ultra-long with next syndication

Portugal prints as yield bonus glimpsed

Brave MuniFin makes clean getaway as dollar woes linger

Thanks Mario! ECB boosts ESM’s hopes of landing a whopper

Bond Comments

EIB EUR3bn 0.25% Oct 20

Portugal EUR3bn 2.2% Oct 22

NRW EUR1bn 0.05% Dec 18

MuniFin USD1bn 1.25% Sep 18

Covered Bonds

News

Non-eurozone issuers lead covered charge

Baca reopens Austrian covered bonds

Duration is back as covered bond trio reopen 10 year

Bank of Nova Scotia, Helvetia hybrid feed Sfr demand

Bond Comments

Financial Institutions

News

North Americans lead as markets improve

BFCM revs the engine on truckload of tier two

Banks line up for dollar return

Bond Comments

TD Bank EUR1bn FRN Sep 20

CIBC EUR1.75bn FRN Sep 17

Lloyds Bank Plc (Opco) EUR1.25bn 1.375% Sep 22

NBC EUR1.25bn FRN Sep 17

Bank of Nova Scotia EUR1bn FRN Sep 18

Securitization

Asset Backed Securities

CMBS spreads under pressure as September rolls in

Reitaly finally crosses the line, with a discount

Survey reveals big appetite for SME ABS

European ABS issuers burn rubber after bank holiday

BAML to test CMBS spreads with multijurisdictional deal

CMBS players eye shakeup as S&P nears end of ban

Four auto deals to market in September

Equipment deals lead esoteric ABS pipeline

News

Residential MBS

Storm battles poor weather in securitization

Structured Credit

Derivatives

Oil volatility drills through credit markets

VIX products tested to mixed effect by sharp volatility surge

Two ETPs go live as Japan brings in new trading rules

Chinese futures exchange cracks down on sellers again

Quebec extends deadline for foreign broker derivs rules

Market weighs XO as hedge for CLOs

Likely rate hike delay prompts stark warnings from credit traders

Corporate Bonds

Corps back on track, but risks mar horizon

News

SSE dodges corp deal rush with early print

Schneider and Icade benefit from booming corporate bond market

Dollars blank but market prepares for $100bn return

Auto issuers appeal to investors’ thirst for floating rate paper

Accor flies flag for weaker IG credits

10 years work again as Kerry and Suez draw big books

Thirsty investors gulp down rare Heineken

Bonds Comments

High yield

MTNS and CP

News

Bond Comments

Syndicated loans and leveraged finance

Investment grade or Non-leveraged loans

Vitol steams ahead with $7.5bn refi despite rough seas for commodities

Bright spot in oil market: Euronav bags $750m loan to buy four new tankers

Loans, news in brief — August 3, 2015

Leveraged finance loans

Post-summer levloans in tentative reboot

Emerging market loans

Albaraka Türk set to boost Islamic deal beyond $400m

Russia’s Evraz scoops up loans but NLMK on hold

Emerging Markets

News

Three Russians make a splash as leap into bonds expected

BNP Paribas refuses Angola bond mandate

CEE sovereigns hold hope for CEEMEA as Poland restarts supply

Bombardelli dives into Daiwa LatAm team

Pair of Fibras finally gives life to LatAm pipe

LatAm expectations low as uncertainty stays

Bond Comments

Poland EUR1bn 1.5% Sep 2025

League Table

Equity

Switzerland’s Symetis launches Sfr80m heart valve IPO

Pocztowy takes lead with ‘high quality’ IPO

Abengoa shares tumble as rights issue lacks public underwriting

Equity investors open for deals as blocks in ISS, Evonik, Börse fly

ECB should now taper covered bond purchases

Market News

People Moves

People Moves in Brief

Columns

Leader

UK bonds: look out for universities and charities

The Naked Broker

Credit Matters

GlobalCapital View

Food for thoughts

Southpaw

BBVA and Santander defend home turf as Spanish recovery ramps up

Euroblog

MTN Leak

Off-road Iceland

Loans Ranger

Tuesday view

League Tables

Loans

Bonds

Revenue

New Issues

Cartoons