Top section
Top section
KfW edges closer to green issuance target
Issuer spends time on pricing with two-step tightening in latest euro benchmark
The clean energy company has hit fair value
IG corporates bring small benchmarks as market welcomes breather
◆ Smaller trades populate market after roaring week ◆ Air France KLM keeps hybrid momentum going ◆ Cencora and Icade bring no-grow bonds
Investors make their preferences clear in rare SBAB and Raiffeisen Croatia senior syndications
◆ Both banks issue their second ever euro deals in respective asset classes ◆ SBAB prints much tighter but also ends up with lower oversubscription ◆ Higher spread pick-up on the Croatian deal lures buyers as issuer's credit profile improves
The clean energy company has hit fair value
Sub-sections
-
◆ New deals expected to encourage other borrowers into euros and sterling ◆ Tight funder DNB shows spreads still a touch wider than pre-tariff volatility ◆ Lloyds' home foray underlines improved relative funding cost in sterling -
◆ Demand solid across seniorities ◆ Hybrid regular Veolia moves into green structure◆ Swisscom shows investors also looking for thinly priced debt
-
Diversity of deals on offer as recession fears subside
-
◆ US gives further clues on MDB support ◆ FIG issuers face funding choices ◆ What's the point of the EU green bond standard?
-
Almost Sfr3bn printed in first week of May as Swiss franc mart shakes off tariff spectre
-
Only a trickle of issuers have printed green bonds under the new standards so far
-
After four years of the US government noisily refusing to protect humanity from climate change and pushing back on responsible investing, sustainable finance supporters are full of hope that Joe Biden’s presidency will shift the US — and the world — in the right direction. Jon Hay reports
-
Gaming company Wynn Macau benefitted from a revival in sentiment around the casino industry for its bond return on Tuesday. It raised $750m from a tap of its 5.625% 2028 notes.
-
Adani International Container Terminal Private (AICTPL), part of India's Adani Group, sold its inaugural dollar bond on Monday. It raised $300m after receiving orders worth $2.85bn.
-
European gas pipeline companies such as Snam and National Grid have succeeded in presenting themselves as environmentally progressive partly by not reporting the largest part of their carbon dioxide emissions, according to a report published this week. Meanwhile, different parts of the energy industry are competing for political support and capital, as Europe strives to cut its greenhouse gas emissions 55% by 2030.
-
This week in Keeping Tabs: the former governor of the Bank of England on value and values, The New Republic on law and value, reminiscing about the last crisis, and a pub snack en vogue.
-
The European Parliament and Council have agreed rules that will set the stage for securitization to play a role in helping European banks dig their way out of an impending surge in defaulted loans. The Parliament has added sustainability criteria to the final amendments.
-
Securitization will be central to EBRD’s new five year strategy
-
Bank to keep backing Ukraine and start operations in Benin, Côte d’Ivoire and Nigeria
-
US administration has cut funding for IFAD and said nothing about EBRD
-
Issuance plans sketched out but defence-orientated MDB must gain inter-governmental support first
-
Former JP Morgan DCM head and RBS treasurer join as special advisors to multilateral defence funder
-
Kai van der Kolk will advise on corporate finance transactions in the sector
-
I manage my team the way I was managed — to get results. Now I'm being punished for it. It feels more than a little hypocritical
-
Investment banks wishing to cut costs with AI should remember what clients pay for
-
The processes of choosing a new Pope and someone to run Crédit Agricole’s CIB may have more in common than you think
-
DocMorris announces Sfr200m rights issue expected in May
-
Stock drops 17% in highly volatile market
-
Deal follows steep share price fall
-
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
-
-
Sponsored by Instituto de Crédito Oficial
ICO: a benchmark issuer in the European sustainable bonds market
