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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
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◆ 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
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Diversity of deals on offer as recession fears subside
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◆ Big books and 0bp to 2bp concession for Orange ◆ US-China trade agreement buoys markets ◆ Premiums tipped to rise
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◆ US gives further clues on MDB support ◆ FIG issuers face funding choices ◆ What's the point of the EU green bond standard?
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Almost Sfr3bn printed in first week of May as Swiss franc mart shakes off tariff spectre
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HSBC provided $1.8bn of financing to high carbon companies including Kepco, which is developing new coal plants, in just five deals in the past four months, as it prepared to announce its “net zero ambition” on October 9, an NGO has alleged.
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Indonesia coal producer Indika Energy was back in the debt market on Thursday with a $450m bond.
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Long used to scanning the horizon for risks, central banks have belatedly woken up to the biggest one of all — climate change. Monetary policy has so far been ignored — but the European Central Bank, until now on the fringes of this issue, is plunging in
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While most financiers are focused on dealing with the immediate impact of the pandemic, critics of capitalism are focused on the world after Covid and are determined that wealthy tackle inequality, financial support for the poor, and Earth’s worsening climate.
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The World Bank says it cannot follow its own advice to member countries to cancel debts to poor economies for fearing of losing its AAA status, but a new report says it can bypass that by setting up a new vehicle
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The European Commission has bowed to lobbying by investors and delayed compelling them to follow the detailed requirements of the Sustainable Finance Disclosure Regulation — a complex reporting task that is ill-matched with another EU rule, the Taxonomy of Sustainable Economic Activities.
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Securitization will be central to EBRD’s new five year strategy
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Bank to keep backing Ukraine and start operations in Benin, Côte d’Ivoire and Nigeria
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US administration has cut funding for IFAD and said nothing about EBRD
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Issuance plans sketched out but defence-orientated MDB must gain inter-governmental support first
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Former JP Morgan DCM head and RBS treasurer join as special advisors to multilateral defence funder
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Kai van der Kolk will advise on corporate finance transactions in the sector
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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
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Investment banks wishing to cut costs with AI should remember what clients pay for
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The processes of choosing a new Pope and someone to run Crédit Agricole’s CIB may have more in common than you think
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DocMorris announces Sfr200m rights issue expected in May
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Stock drops 17% in highly volatile market
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Deal follows steep share price fall
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by Instituto de Crédito Oficial
ICO: a benchmark issuer in the European sustainable bonds market
