Top section
Top section
Commerzbank dual trancher adds to heavy long-dated SNP supply
◆ Small NIP enough to attract strong bid for long tranche ◆ Investors get selective amid volatility ◆ Commerz fills out its curve with two points
Europe gets first large, general corporate revolving credit facility labelled green
Danske Bank prices tightest 12NC7 tier two since 2021
◆ 'Tight and attractive valuations' for raising tier two capital ◆ Trade follows ratings upgrade ◆ 5bp of concession
EIB demonstrates ‘leadership’ with second EuGB
◆ Issuer returns to EuGB label ◆ €4bn trade bigger than last year's debut ◆ 'Very positive' and 'very successful' exercise
Europe gets first large, general corporate revolving credit facility labelled green
Sub-sections
-
◆ EuGB label attracts second French agency ◆ Tight pricing to existing secondaries ◆ Label, no-grow language and marketing all help -
◆ Order book smaller than issuer’s last covered in January ◆ Banker said covered bond market has reached plateau ◆
-
Treasury director Rodrigo Robledo says investor relations work has paid off
-
◆ Two steps to terms debated ◆ Priced flat to fair value or even with negative concession ◆ Investors split on long-dated holdco supply
-
◆ Norwegian bank increases size ◆ Issuer meets spread objective ◆ Banker said he drew confidence from secondaries
-
◆ Issuers opt for extra guidance as market softens ◆ Enexis takes size at six years ◆ DSM-Firmenich lands tight
-
Demand to invest in the low carbon transition is growing fast, but strategies are very diverse
-
Questions hang over the future of software as a service firms
-
Shipbuilder's shares fall 10% after capital raise
-
◆ Energy pair bring three tranches ◆ Sub-100bp senior/hybrid spreads secured ◆ Single digit concessions offered
-
Founder of climate investing think tank wants to apply ideas as bond investor
-
When loans' LTVs hit 80%, Bitcoin stakes are liquidated in seconds
-
Commerzbank arranges $1.1bn deal for supply of vital raw materials
-
Issuance net of buy-backs is not that high, and there is no sign of any indigestion
-
Ivory Coast squeezed tight, taking $1.3bn in an 'aggressive' execution
-
Blackstone is targeting a quicker than usual three day execution
-
The country is one of the highest regarded sovereign issuers on the continent
-
The government has been much more proactive in its debt management since a scare in 2024
-
The Australian short seller, John Hempton of Bronte Capital, told investors that the profits his hedge fund Bronte Capital made on Wirecard’s collapse will not make up losses incurred during his lengthy short of the German payments company. It was an illustration, he said, of the dangers of betting against frauds and highlights the importance of risk management.
-
The European Central Bank will begin supervising financial institutions in Bulgaria and Croatia from October 1, as the two countries prepare to join the euro. Firms entering the Banking Union for the first time will also fall under the Single Resolution Board’s remit for the minimum requirements for own funds and eligible liabilities (MREL).
-
China’s securities regulator has banned GF Securities from sponsoring IPOs for six months and underwriting bonds for a year, punishing the firm for its role on a series of fundraisings for Kangmei Pharmaceutical Co.
-
Eight banks provided loan facility to company
-
Vaccine bond programme to issue $1.5bn this year but needs new pledges
-
First deal of its kind more than 1.5 times subscribed
-
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
-
Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
