Santander
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Growing team adds former Nomura FIG DCM banker
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◆ Many factors drive strong demand ◆ Rarity aspect helps some issuers ◆ Pipeline loaded, say bankers
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Santander’s swoop for Credit Suisse investment bankers may look opportunistic but it’s part of a multi-year plan to become a force on both sides of the Atlantic
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As Santander rattles through tier two trade, FIG market anticipates destination: AT1
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UBS has scaled up preparations for its integration of Credit Suisse, but with the deal yet to complete, departures abound and uncertainty is the overriding emotion
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Unmet demand for the Spanish deal is expected to lure other bank issuers to the asset class
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New loan package extends debt, company aims to use debt capital markets
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European issuers follow supranational’s lead after tricky conditions last week
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'Well flagged' EU sale and new green Bund to signpost investor sentiment
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Bulging orderbook and no concession paid in first hybrid since Credit Suisse taken over
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The €210m and €80m loans do not herald a wider array of new money transactions