Top section
Top section
Kutxabank fortifies southern European banks' appetite for senior funding
◆ Spanish lender returns to unsecured issuance after three years ◆ Spanish banks are seizing a favourable funding environment ◆ Concession paid to keep selective investors interested
Thibaut Makarovsky, head of funding and market operations at AFD, discusses his recent dollar trade and funding plans
NWB credits water bond demand after tightening through BNG
◆ Head of treasury's Tiemo Wesseling on euro 2026 debut ◆ Fair value and greenium estimated ◆ Back-loaded funding programme
GlobalCapital Covered Bond Awards 2026: nominations now open
The awards recognise the market's leading deals, issuers, banks and other participants
Thibaut Makarovsky, head of funding and market operations at AFD, discusses his recent dollar trade and funding plans
Sub-sections
-
◆ Gecina brings no-grow €500m green bond ◆ Green issuance volumes rise 37% year on year ◆ Carrefour pays small concession on €750m trade -
◆ Italian utility prints no-grow €500m six year ◆ Final demand fell 41.7% from peak ◆ Deal landed close to fair value
-
◆ Spanish lender prints larger bond at a tighter spread than state-owned French peer ◆ Rarer in the non-preferred asset class than La Banque Postale ◆ Bankinter's deal also a green bond
-
◆ Italian bank's first benchmark euro trade since 2023 ◆ 40% of orders withdrawn after price revision ◆ Heavy interest from ESG accounts
-
Second hybrid is among the deals that the MDB hopes to bring later this year
-
International issuers look to Swissies for diversification, even if costs are higher
-
Issuance will be lower in June as yields rise
-
Amazon’s Swiss debut and Alphabet’s first yen deal jolted debt markets this week
-
Artificial intelligence is changing the investment banking game. But banks are divided on whether to cut costs or try and win more deals
-
The US bank is showing its global credentials at a time of increased transatlantic tensions but European banks are equal to the challenge
-
FIG issuers have shown that investors are ready to absorb all the supply that comes their way
-
Investor tells GlobalCapital it liked the portfolio’s diversity, data depth and sustainability impact
-
It is not clear what needs to be restructured, and the coming debt analysis may lack credibility
-
Investors and techniques are ready for development banks to scale up securitization rapidly
-
AfDB hopes to launch multi-issuer securitization this year
-
Deal liberates capital and tempts investors to take new frontier market risk
-
◆ First dollar benchmark from World Bank since October 2025 ◆ 'Remarkable' size and spread achieved ◆ IDA jumps through hoops to issue SEC exempt deal
-
New law expected to accelerate the dominance of professional landlords
-
Rates and credit under pressure as battle to be UK prime minister looks set to heat up
-
The Gilt market is pricing a Labour leadership contest. The rates volatility market is conspicuously declining to join in
-
Growing worries about inflation and interest rate rises not putting investors off EM debt, yet
-
US drug company Eli Lilly jolted the dollar market awake on Wednesday with an eight-part jumbo trade to fund two recent acquisitions
-
The US dollar market buoyant this week despite escalating hostilities in the Middle East
-
Redwood will be a repeat issuer
-
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
-
-
Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
