Top Section/Ad
Top Section/Ad
Most recent
◆ No book update for €500m no-grow deal ◆ Surprising lack of demand for defensive trade ◆ Investors continue to cherry pick in big week for supply
◆ Spread to Land Hessen key to pricing ◆ Leads thought long and hard on whether to tighten ◆ 1bp move the right amount as book grew
◆ Three German states brought a new Joint Länder bond ◆ No book update, KfW curve guides pricing ◆ Flemish Community prints new 15 year
Second digital project won’t be the issuer’s last, Länder peers may be ‘interested and willing’ to join in
More articles/Ad
More articles/Ad
More articles
-
City of Paris has broken the record for the longest-dated private placement from a French local authority or region, with a €50m 20 year note sold through HSBC on Monday. -
The anti-euro theme continued on Thursday with yet another Canadian borrower - this time the Province of Alberta - becoming the latest issuer to take advantage of the wealth of demand for pristine credits far removed from the European sovereign crisis. And Alberta is about as pristine as you can get being rated triple-A by both Moody’s and Standard & Poor’s. It is also incredibly rare. Alberta has not issued in international markets since 2000 and this is its first 144a transaction.
-
State of North-Rhine Westphalia (NRW) sold a tap of its 1.75% May 2019s on Tuesday, the latest German issuer to appeal to domestic demand. Investors' responses, however, were weaker than expected.
-
Hot on the heels of a pair of popular — and super-tight — dollar trades from supranationals in the first half of this week, Sweden’s SEK and Province of Manitoba pushed to get investor attention further out the curve.
-
A syndicate of 26 lenders have provided a €30bn syndicated loan to allow Spain’s regional and city governments to pay off debts to their suppliers.
-
A book of $4.5bn for the Province of Ontario’s $3.5bn three year dollar global, which was priced yesterday, underlined the overwhelming demand that exists for SSA names remote from the European sovereign debt crisis. Denmark saw it earlier in the week and Sweden a week ago.
