Top section
Top section
Bromford builds solid book for £250m SLB
◆ UK housing association starts at ‘conservative’ level to attract investors ◆ Deal offers some spread ◆ More domestic sterling supply expected ahead of UK Budget
◆ Stability leads to third day of FIG sterling issuance ◆ Rabo prints its first tier two four years ◆ BBVA completes first sterling senior bond since 2020
'The year is getting shorter': KfW brings 2026's final large benchmark
German agency has only €2bn to €2.5bn left to fund via smaller deals after €3bn green tap this week
DNB Bank pockets another tight €500m tier two
◆ Follows similar deal from regional peer Swedbank ◆ But earlier bond was already trading wide of reoffer ◆ Pricing prioritised, says banker off deal
◆ Stability leads to third day of FIG sterling issuance ◆ Rabo prints its first tier two four years ◆ BBVA completes first sterling senior bond since 2020
Sub-sections
-
GlobalCapital asked heads of debt capital markets businesses across the Street about their expectations for 2025 and their experiences of 2024. Most predict rising issuance volumes as Ralph Sinclair discovers whether they see AI, blockchains, or the rather more human rise of private credit as the most disruptive threat to the industry
-
Central bank interest rates cuts turbocharged the unsecured FIG market in 2024, making for a strong year for bond issuance. With further rate cuts in Europe expected in 2025, Atanas Dinov reveals how market participants expect the year to unfold
-
Although the Swiss franc bond market is on track for its best year since 2014, falling interest rates caused a sharp drop in issuance in the second half of 2024. Widening spreads made the market harder to navigate and, as Sophie Astles writes, the road ahead could be rocky
-
Sovereign, supranational and agency issuers made a rapid start to funding in 2024, which proved to be a year when being flexible enough to maximise investor demand proved invaluable. Among the best deals this year are some that captured the moment but also some that sought to do something completely new altogether
-
The higher the yield, the hotter the bid — or at least that is how it appeared for most of the year in the financial institution bond market. Investors latched on to the Greek FIG revival, duration and regulatory capital in a bid to boost their returns, which some issuers exploited deftly
-
Investment grade companies had one overarching bond market strategy this year: get everything done before November’s US election. The poll may have passed smoothly, but it was preceded by a market where borrowers were willing to take risks and push for ambitious deals. GlobalCapital recognises below the issuers that exemplified that courage and determination
-
Data center developer faces October deadline to repay 2021 ABS
-
Leads consider dropping some seven year bonds, preserving five years
-
◆ US food group funds M&A with first euro bond ◆ €500m no-grow draws more than €1.65bn at peak ◆ Tenor choice helps issuer find demand
-
Triple-A notes were originally guided at mid to high 100s
-
◆ Amazon adds sterling to funding tool kit ◆ Deal the second largest in the currency after Alphabet's own debut ◆ Trade prices tight but higher price needed for size
-
◆ Five-part debut draws more than €21bn of peak orders ◆ Uber offers diversification from hyperscaler-heavy US supply ◆ Issuer leaves concessions on table to secure size
-
Deal multiple times oversubscribed as investors buy into electrification and AI story
-
◆ Another French agency brings early autumn deal ◆ International investors show support ◆ Priced to ensure performance
-
Shareholders sell down holdings in AutoStore and Orsted, as shipping company opens books ahead of Athens parallel listing
-
Société Générale and Standard Chartered provided euro and yen tranches respectively in first World Bank-backed transaction involving the Japanese currency
-
EM debt investors had largely expected a debt treatment would be required
-
Belgian car leasing company taps four banks and three investment firms
-
As war drags on, banks are boosting hoards of cash after deposit outflows
-
The euro tranche is a refi of a bond maturing later in September
-
Having to rate money-guzzling Anthropic and OpenAI will test the agencies’ nerve
-
US dollar market bursts to life after Labor Day holiday
-
Bankers welcome third and fourth deal in two weeks
-
◆ Pharma firm returns to euros after two years away ◆ Some concession needed for slim covered deal ◆ Koninklijke Philips adds to biotech flow
-
Sponsored by Republic of Côte d’Ivoire
Bond Awards 2026: Most Impressive Issuer in Africa — Republic of Cote d’Ivoire / Most Impressive Funding Official in Africa — Lancine Diaby
-
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
-