RBC Capital Markets
-
Covered bonds proved their worth this week as, despite difficult market conditions, 10 borrowers were able to collectively raise more than €8bn at levels that looked attractive compared to senior unsecured financials. -
UK energy company SSE opened up the week’s issuance for corporate bonds on Tuesday. While the issuer faced less than ideal market conditions its success presaged a rush of issuance later in the week.
-
UK energy company SSE opened up the week’s issuance for corporate bonds on Tuesday, overcoming less-than-ideal market conditions to gather a solidly oversubscribed order book for an eight year bond.
-
For the third quarter this year (April to July), profits at Royal Bank of Canada’s capital markets division fell, but the numbers still look strong.
-
The dollar market for SSAs kept up this week’s sizzling form on Wednesday, as another issuer mandated for a benchmark — bringing the total for what is historically a quiet week to four deals.
-
A pair of public sector borrowers — including a super rare issuer in dollars — have nipped in ahead of a data laden September to bring deals this week, following the lead of Denmark’s KommuneKredit.
-
Stadshypotek became the second Swedish bank this year to issue a sterling floating rate covered bond, pricing its deal in line with Canadian issuers.
-
US Reit Medical Properties on Wednesday sold its €500m unsecured bond drawing attention from investment and non-investment grade buyers by being the only corporate issue of the day.
-
A pair of rare SSA names kept Kangaroo supply ticking over this week with taps of longer-dated deals.
-
The Housing Finance Corp and Intercontinental Hotel Group refilled the sterling pipeline on Monday, with both issuers hiring banks for deals in the currency.
-
-
