Top section
Top section
Tennet NL enters SSA market with ‘anchor point’ on new curve
Explicitly guaranteed Dutch utility company expected to trade tighter against govvie and agency peers
◆ Bond the first EuGB covered ◆ Danish issuer tightens spread by 5bp ◆ Issue offers next to no concession
Bank of Ireland achieves objectives with €750m green senior in volatile day
◆ Issuer outmaneuvers worsening market to meet funding targets ◆ Trade leaves premium to compensate for heightened volatility ◆ Spread is BoI's tightest senior funding since 2021
Tennet makes SSA debut with €2bn green bond
◆ Corporate issuer repositioned as SSA ◆ Spread to Dutch govvie a primary focus ◆ 'Extremely high quality book' supports tighter pricing
◆ Bond the first EuGB covered ◆ Danish issuer tightens spread by 5bp ◆ Issue offers next to no concession
Sub-sections
-
◆ Fair value debated ◆ International account interest ◆ Big 'curiosity' on use of proceeds -
Dubai Islamic Bank has priced at fair value
-
◆ Relative value against covereds is important ◆ Spread 'could have been pushed more' ◆ Lack of SSA supply a factor
-
Supranational and German borrowers return to Swiss francs after a long absence
-
◆ Dealers slow to adjust Länder secondary pricing ◆ 'A lot of discussion' on order updates ◆ Covereds trade tight to Länder
-
Despite the rise in dollar funding, local markets still provide the bulk of sovereign's borrowing
-
High demand from institutional and retail investors for maker of Patriot missile components
-
Book to open on Monday, close on Thursday in latest express IPO
-
Submarine mast maker's IPO raised €132.8m
-
CLO bond spreads widen and investors demand less software exposure
-
Software rout compounds worries about low issuance volumes
-
Vincorion is expected to continue defence IPOs later this week
-
Dutch agency prints new five year in volatile week for rates and commodities
-
◆ Issuer's second dollar bond in 2026 ◆ NWB’s deal from previous day was 'very helpful' ◆ Pricing was 1bp apart, perfectly normal
-
Safe haven status draws offshore names to Swiss francs
-
A handful of large new listings have emerged from South Africa, Kenya and Angola and more are set to follow
-
Five more MDBs receive scholars’ opinion saying international law requires high climate standards
-
New methodology follows headroom created by S&P revision last year
-
Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
-
Bonds of energy importers have sold off, but investors convinced fundamentals are still strong
-
Managers pause deals as spreads widen, but swift resolution is still priced in
-
The US dollar market buoyant this week despite escalating hostilities in the Middle East
-
Redwood will be a repeat issuer
-
Monday evening sale is latest block trade
-
Sponsored by Crédit Agricole CIB
Syndicated Loan Awards 2025: Crédit Agricole CIB: Driving France’s loan market and ESG transition
-
Sponsored by Islamic Development Bank (IsDB)
Sukuk market’s next chapter: Financing the future, sustainably
-
-
Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
