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Greek fintech Qualco prices IPO at top of range
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◆ UBS's covered programme now 'well-known' a year after launch ◆ Investors like the chance to pick up triple-A rated Swiss risk in euros ◆ Premium needed for contractual structure
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◆ Tight deal proves popular ◆ Investors eager to buy seven year paper ◆ Achmea's secondary curve points to higher fair value
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◆ Holding company starts around 40bp wide of fair value ◆ Demand pours into the book ◆ Borrower pays single digit new issue concession
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◆ Big books and 0bp to 2bp concession for Orange ◆ US-China trade agreement buoys markets ◆ Premiums tipped to rise
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Investors expect the sovereign to eye the sukuk market
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When Energo-Pro last issued it had to offer a coupon over 10%
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Canadian borrower mandates for deal ahead of what is forecast to be a big week for issuance volumes
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Almost Sfr3bn printed in first week of May as Swiss franc mart shakes off tariff spectre
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Federal Reserve kept rates steady but only one company emerged after FOMC meeting
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◆ Handful of European banks go Stateside after quarterly earnings ◆ Some revisit dollar funding despite it not offering best relative cost ◆ HSBC goes for size as its triple trancher surpasses BofA's $5bn print