UniCredit
-
Slovenia printed its longest ever bond on Wednesday, a 20 year, taking advantage of a near halving of its spreads since the start of this year to print inside where Spain's government bonds trade.
-
The European Investment Bank took a cautious approach to its 10 year EARN on Wednesday, opting to take longer than usual to execute the deal, now expected to be priced on Thursday. -
Slovenia has released price guidance for a 20 year euro benchmark bond at 70bp-75bp over mid-swaps — a first in this tenor for the country.
-
Unipol Gruppo Finanziario took advantage of low spreads on Monday night to lengthen its debt profile with a tender and exchange of two senior unsecured bonds.
-
-
A tricky secondary market was unable to derail the new issue pipeline in senior this week, with new deals selling well even as their predecessors underperformed.
-
Bulgaria has finally announced roadshow dates for its new Eurobond. The mandate was first announced on the country's Ministry of Finance’s website in early February.
-
The European Stability Mechanism has made a strong case that negative yielding bonds are an option for SSA issuers, after building a thumping book for paper yielding minus 0.07%.
-
Austrian-South African paper maker Sappi will begin on Wednesday in London the roadshow for its €450m of senior secured notes.
-
The European Stability Mechanism will open books on Tuesday on what SSA bankers believe will be the first euro benchmark issuance to carry a negative yield.
-
UK theme parks group Merlin Entertainments on Wednesday priced its debut bond of €500m notes to yield 2.75%, the smallest printed this year in the European high yield.
-
Euro covered bond issuers launched benchmarks this week and showed the unrelenting momentum in the compression of spreads has continued unabated.
