Sterling
-
French bank predicts euro, sterling and dollar issuance will all grow next year -
◆ Dual-tranche sterling deal first from a financial institution since UK Budget ◆ Dutch bank also issued the first euro EuGB ◆ Deals follow ABN's capital markets day
-
◆ Singaporean bank issues first sterling covered since September 2024 ◆ Places £750m on £850m order book ◆ Bankers view deal as flat or just inside fair value
-
◆ First deal in sterling since UK budget ◆ Book falls as deal prices tighten ◆ More sterling supply expected before Christmas
-
Company's relationship banks provided the funding
-
Light opportunistic dusting expected, but prohibitive pricing to put off non-sterling funders
-
Fund established through a credit secondary sale focuses on senior secured loans for European private equity and corporate-backed businesses
-
Green lending ramps up in part due to data centre growth, but volume still much smaller than SLLs
-
Funding follows National Wealth Fund investment
-
Bankers say Budget may determine if FIG issuers print in sterling through December or hold off until January
-
Banks crowd the short end in another busy week for private placements
-
◆BPCE seizes moment in 'very volatile' market ◆ Book supports larger £400m size ◆ Fair value debated
