Société Générale
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Société Générale may have provided market participants with a glimpse into the future after becoming the first bank to issue a covered bond as a security token on a public blockchain. Development of this technology is still at an early stage and is not without its risks, but proponents believe blockchain could revolutionise the covered bond market, reducing settlement times to just a few seconds. -
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After pushing out its yield curve to 30 years this week, Cyprus is keeping an eye open for issuing even longer maturities, according to an official at the country's Public Debt Management Office (PDMO).
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Switzerland’s Coca-Cola HBC has amended and extended its revolving facility, with the soft drink bottler supersizing its loan to €800m and including a sustainability element.
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Cyprus received strong investor demand for its longest ever bond on Wednesday, with the combined order book for the dual tranche trade topping €10bn at the final terms.
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Ireland’s CDB Aviation has signed its first unsecured syndicated loan, as the aircraft leasing company continues its drive to diversify its funding sources.
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Société Générale has issued the first covered bond as a security token on a public blockchain last week.
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Wendel, the French investment group, issued a €300m no-grow on Monday. This was a typical size for the issuer, but it was its first issue for two and a half years. It will use the money to exercise options to call and make whole on its 2020 and 2021 bonds.
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Rustranscom, the Russian freight and logistics operator, has decided against a listing that it had begun marketing in London and has opted instead for a private equity transaction.
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The Republic of Cyprus mandated banks on Tuesday for a dual tranche comprising new five and 30 year bonds, with the latter the longest ever bond sold by the sovereign.
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First Abu Dhabi Bank and Emirates NBD have printed sterling MTNs this week, adding to a flurry of deals in the currency from the Middle East.
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