LBBW
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Issuers set to follow anticipated EU new issue with deals ahead of Federal Reserve’s next meeting -
Investors flocked to to the €750m deal allowing the issuer to price at a small premium
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Land Berlin and NRW.Bank took €1bn each after following the EU to market
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The €2.7bn promissory note was increased from €500m target
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Strong demand saw German Land issuer almost double its target size
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German web hosting provider began bookbuilding for its €543m flotation on Monday
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Market has resumed in 2023 at wider spreads
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Short dated covered deals selling like 'hot cakes,' say bankers
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Evelyn Dettling leaves Helaba after two years
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The issuer priced the €500m tap before the EU sent out the RFP for its last transaction of 2022
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Publisher picks senior debt over hybrid now it will not have to fund M&A
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Some onlooking bankers had expected a larger trade
