Spain
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Market gobbles up absorbs first roaring day of primary market trade in 2022
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This week, even established funders are paying new issue concessions that represent as much as 20% of their spread
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Spanish lender sets sights on MREL build out with senior return
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Lack of Spanish supply expected to cushion any spread impact following adoption
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CaixaBank has sold its entire stake in Austria's Erste Group
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New borrower is the lowest rated IG name of the week to bring a trade
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Spain achieves highest subscription level for a debut syndicated green bond by a European sovereign
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Adamo, a broadband company, has agreed a €600m sustainability-linked loan, it said on Wednesday. The cash will be used for refinancing and to fund the expansion of its fibre network into rural Spain.
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Spain published its green bond framework on Wednesday, with its highly anticipated debut bond in the format set to be issued after the summer.
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Crédit Agricole has hired the former head of Santander's global banking and corporate finance business, Georg Orssich, in a regional management position.
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Metropolitano de Tenerife, the public transport company that operates the Tenerife tram system, made its bond market debut on Tuesday, raising €130m with a 15 year green bond.
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Citi has named the leadership for its banking, capital markets and advisory business in Iberia. Meanwhile, it has also announced who is taking on Abraham Douek's responsibilities in DCM after he quit to join Santander.