UBS

Books multiple times covered as company seeks money for energy investments

Undisclosed investor sells 0.85% stake in the UK telecoms company

Bank is in top 10 PE fee earners globally, but not in EMEA

Aluminium and copper processor increases share capital by 16%

Greenshoe option fully exercised, bringing deal to €330m

Peter Luck has over 25 years of experience at Bank of America and UBS

New facility smaller than the original but 20% larger than the launch amount

He will report to Barry Donlon, head of global debt capital markets

Eight conditions banks must satisfy to issue a covered deal have been proposed by Israel's regulator

◆ Aussie bank has primary to itself on Friday ◆ Deal ‘sufficiently different,’ say bankers ◆ Both tranches offer small premiums

◆ Swiss bank landed a dual tranche transaction in February ◆ Banker said group is 'already concentrated around 2029-2030' ◆ UBS's tap was the only activity in Wednesday's covered primary market

◆ OCBC's prices first covered bond since April 2025 ◆ 10th Asian covered issued in 2026 ◆ Order book peaks at over €2bn but lost €400m