Spain
-
The Spanish Supreme Court is expected reach a decision on Tuesday about whether banks should have been liable for certain mortgage taxes that have previously been paid by the borrower.
-
The Autonomous Community of Andalusia is aiming to revisit the public and private bond markets next year, according to the region’s minister of economy and finance.
-
Distribuidora Internacional de Alimentación, a recently downgraded Spanish discount food retailer that issued a profits warning last week, saw its outstanding bonds fall further in the secondary market despite providing a glimmer of good news.
-
Arima Real Estate, a newly created Spanish real estate investment trust, has managed to get its IPO over the line, but with a much smaller deal size than originally intended.
-
The Autonomous Community of Andalusia this week became the first Spanish region to return to the capital markets while still under the central government’s Regional Liquidity Fund.
-
-
Santander did well to attract an oversubscribed order book for its €1bn 10 year Cédulas on Thursday — even as Spanish bank debt and equity was sold off after the country's supreme court ruled that banks are liable for mortgage documentation taxes.
-
The Autonomus Community of Andalusia received plenty of demand for its first syndication in over seven years on Wednesday, allowing the issuer to increase the size of its deal and tighten pricing.
-
CaixaBank proved popular this week on its return to the non-preferred senior bond market, raising €1bn and welcoming more than two times as many orders.
-
The Autonomous Community of Andalusia has mandated banks for what Dealogic data shows is its first syndication since May 2011.
-
The IPO of Cepsa, the Spanish oil firm, has been postponed due to the adverse conditions that continue to blight global equity markets. It is the latest in a series of new listings sunk by the recent market volatility.
-