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◆ Sterling trade was lender's third tranche of covereds this year ◆ 48bp was in line with fair value, a banker said ◆ Santander UK's first sterling covered since May 2025
Tej Singh leaves firm suddenly
Lower rates will need lower inflation — and an FOMC consensus
Leveraged loan prices have rallied from their post-war dip, with CLO demand remaining strong despite subdued LBO activity
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Being ‘flexible and fast’ proves key for public sector issuers amid uncertain market backdrop
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Direct lenders take the initiative as banks step back
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Protections for special servicers challenged
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Borrowers establish new levels for pricing regulatory capital issuance
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Big name needed to shock pipeline back to life, according to bankers
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‘A strong focus on a fast execution process’ aimed to minimise uncertainty and volatility, says sovereign’s funding head