Weekly Covers
-
Banks face an uncertain future as finance goes digital -
◆ 4NC3 structure helped differentiate from previous deals ◆ Premium paid ◆ Softer market tone after heavy week
-
◆ Fallen angel lands €500m deal ◆ Tight price too much for some investors ◆ IG and high yield comps used
-
◆ Austrian bank pays healthy new issue premium ◆ Small order book saw minimal attrition ◆ Banker said market was 'heavier' at open
-
◆ French lender fixed deal at half the order book's size ◆ Covered offered small new issue premium ◆ Banker said CRH's and UniCredit Austria's deals showed 'fatigue'
-
'Full speed ahead' — SSA desks brush off hawkish Fed after months of volatility
-
Front-loaded funding and an uncertain rates outlook have left investors short of papers
-
Bankers eye Warsh's debut, private credit and stretched equity valuations
-
◆ Anglian Water finds attractive pricing in euros ◆ Iberdrola pays small NIP on dual tranche EuGB ◆ Statnett and EEW Energy bring single tranche green deals
-
BNPP is rebuilding strength in advisory in France
-
◆ Austrian issuer opted for no-grow tactic ◆ One of three covered bonds priced on Tuesday ◆ Bankers said the deal offered no new issue premium
-
◆ Books remain intact with premiums paid ◆ Investor fatigue setting in ◆ Yields falling after Iran-US peace deal progress
