News content
-
Stadshypotek became the second Swedish bank this year to issue a sterling floating rate covered bond, pricing its deal in line with Canadian issuers.
-
Analysts expect Russian borrowers’ foreign currency debt redemptions to put pressure on the rouble, despite the central bank’s efforts to downplay the effect.
-
BNP Paribas responded to investor demand for dollar paper with a $1.5bn additional tier one (AT1) this week, just two months after making its euro debut.
-
After being left behind by their Asian and Latin American brethren in recent years, CEEMEA borrowers are finally moving towards issuing green bonds in size, writes Steven Gilmore.
-
Back in 2010, Brazil’s finance minister Guido Mantega warned that the world was in the midst of a “currency war” in the wake of US quantitative easing. The term is now back in vogue after China made the shock decision to devalue its currency.
-
Paragon opened the offer period for its third sterling retail sale on Monday, with bankers close to the deal hoping that a new credit rating from Fitch could broaden the appeal of the deal.
-
The AT1 market has come of age. In just over two years there is no longer a need for arduous investor education and perfect markets to sell the riskiest bank debt on offer.
-
The hybrid market has had mixed fortunes in 2015, going from a strong start to the year to a standstill after April. It could, however, enjoy a reversal after the summer, with conditions looking good for autumn issuance.
-
Latin American supranational Corporación Andina de Fomento (CAF) priced a Sfr200m ($203m) eight year bond on Tuesday with its lowest coupon on an international bond deal.
-
-
FMS-Wertmanagement, the German wind-up agency, nipped in to print a four year floating rate note on Thursday.
-
German healthcare group Asklepios is marketing a Schuldschein loan for €250m, but this should grow much larger, according to a banker close to the deal.