RBC Capital Markets
-
-
BPCE and HSBC paid a small concession to access the sterling senior market this week, but both were happy to do so. The French firm targeted diversification, while HSBC went for size. -
Verizon Communications, the US telecoms group, embarked on an almost $3bn niche currency bond issuing spree this week, which included the largest foreign Swiss franc bond since early 2018.
-
BPCE returned to the public sterling market after a year away this week to issue the first offshore financial bond in about a fortnight.
-
Anglo Pacific Group, the London-listed mining royalty company, has doubled its revolving credit facility as it takes on more debt to part-fund its $205m acquisition of a new cobalt stream in Canada.
-
A flurry of Swiss franc issuance dusted the market this week, as domestic and foreign borrowers entered a more settled market.
-
NRW.Bank will be the next public sector borrower to hit the sterling market following an improved funding cost in the currency versus euros and dollars.
-
NatWest Group returned to the sterling market on Tuesday to print its second additional tier one (AT1) deal in the currency, just four months after its first.
-
KfW rebooted the short end of the euro public sector bond market on Tuesday with a well subscribed trade which offered a modest new issue premium. The deal shared the euro SSA market with the State of Baden-Württemberg’s debut green bond.
-
Four public sector borrowers announced new deals in the primary market on Monday ahead of the European Union’s much anticipated second transaction from its Support to mitigate Unemployment Risks in an Emergency programme this year, which is expected to arrive later in the week.
-
-
