The Netherlands
-
The Netherlands' Sif Holding, which makes foundations for offshore platforms, has signed a €350m syndicated bank facility, adding green language to its loan documentation. -
-
Dutch issuer NN Bank attracted twice as much demand for its conditional passthrough (CPT) covered bond on Wednesday as its compatriot Achmea managed last week. Moreover, the issuer was able to tighten the spread much further from the initial level, enabling it to be priced with virtually no new issue concession.
-
The dollar market for SSA borrowers has bounced back into life after the US holiday on Monday and Chinese New Year. Two borrowers hit screens, with more set to follow, according to bankers.
-
LeasePlan, the Dutch car leasing company, has returned to the euro bond market with a €500m senior unsecured three year bond that was priced well inside the initial guidance.
-
The Netherlands’ Arcadis has refinanced €200m of credit facilities, with the design and consultancy firm joining the wave of borrowers introducing green language into loan documentation.
-
The Netherlands Development Finance Company (FMO) is looking to sell its first social bond this year following its inaugural green trade this week. The agency is also keeping a close watch on the Sofr market.
-
-
The Netherlands Development Finance Company (FMO) is looking to sell its first social bond this year following its inaugural Green trade this week. The agency is also keeping a close watch on the SOFR market.
-
BPCE and Achmea Hypo managed good price and size outcomes for their covered bonds issued on Wednesday, but the fact they were less well subscribed than recent deals added to the impression that the recent good run has stalled, with spreads now ‘treading water,’ a lead manager conceded.
-
The Netherlands became the latest sovereign from the eurozone to receive a record order book in 2019, as it sold a new 10 year benchmark bond through auction on Tuesday.
-
A strong start to the year for public sector dollar issuance is keeping up the pace so far this week, with last week’s slowdown during the Chinese New Year holidays only appearing to make investors hungrier. Both of Tuesday’s dollar deals were well oversubscribed — one spectacularly so — and there is a full card of issuers waiting to come on Wednesday.
