News content
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Germany is pushing ahead with plans to make senior unsecured debt TLAC eligible, and with the new rules to be finalised in two months’ time more jurisdictions are expected to fall in behind it.
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Santander fell victim to market spasms this week, pulling a dollar trade amid extreme volatility.
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EDF has expanded its investor base into Taiwan with a $1.5bn bond, the first time a European issuer has bought a dollar bond to the Formosa market.
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BMW has sold the first private medium term note from an auto company since Volkswagen shocked the market by cheating on emissions tests.
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After a doom-laden selloff on Monday, a modest rebound for US large-cap equities failed to calm volatility levels.
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The beleaguered Austrian lender has announced the completion of its partial sale and split into KA New and KA Finanz.
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Finnair, the unrated Finnish airline, increased the size of its hybrid capital issue today by €50m to €200m, as Nordic investors supported the credit in a turbulent week.
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Regulation of leveraged finance in the US remains one of the main topics of conversation, as well as a mixed blessing, for the European market, delegates at the 9th annual Leveraged Finance Conference in London were told on Monday.
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A trio of sovereigns this week revealed their plans for upcoming funding, announcing proposed issuance for 2016 and revised funding targets for the fourth quarter.
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The borrowing costs of the eurozone periphery’s big two sovereign borrowers dropped to levels last seen in spring at auctions this week, but political concerns linger around Spain.
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Raiffeisenlandesbank Niederösterreich-Wien and Banca Carige have mandated leads for covered bond roadshows that will start in early October.
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The covered bond supply outlook for the rest of the year has been revised higher by analysts but will moderate from September’s record pace.