KfW
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The German toy production company doubled the size of its RCF but maintained its banking consortium
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The German wind turbine manufacturer expanded its banking consortium to 11 institutions in "very favourable" deal
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Issuer explains this week's pricing approach and how it weighed up size and price in the current spread environment
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◆ Two German names appear on the same day ◆ KfW's spread 'more generous' this time ◆ 'Good quality' book for Rentenbank
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Summer is 'slowly but surely' ending with large issuers putting demand to test
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SSA issuance to resume in 'mid-August' says Patrick Seifert, LBBW's global head of DCM
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Strong appetite from international banks for first gigascale 24/7 solar plant
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◆ Sven Wabbels reveals four dimensions behind dual tranche call ◆ Seven year restraint as 1bp for four years more risk ◆ Pricing through Treasuries 'not a goal'
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◆ Early order book built before Middle East risk returned ◆ Seven year spread held steady as 'insurance' against volatility ◆ Format chosen to avoid straining 'finite pool of liquidity'
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◆ Issuer brings another pre-summer deal to fund enlarged programme ◆ Tightening possible despite weakened backdrop ◆ Book not huge but quality 'extremely high', spreads 'decent' to KfW and Land NRW
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◆ Green benchmarks gets bigger ◆ Hong Kong dollar climbs to fourth place in funding mix ◆ Digital bond faces 'rigorous test'
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Smaller orders, missing hedge fund bids as market exits ‘white-hot’ phase and soon to switch to holiday mode