Weekly Covers
-
◆ Priced over Austrian govvies ◆ Scarcity and business model help demand ◆ Saskatchewan targets 10 year -
The company is offering about 25bp of premium to the Saudi sovereign curve
-
◆ CBRE’s debut green tightens over 40bp ◆ Prologis €1bn dual tranche prints with negative concession ◆ Corporate issuers front-load ahead of Fed meeting
-
Big mining merger reignites confidence in M&A
-
◆ Choice of three or five year tenor considered ◆ 'Intensive schedule' of investor meetings pays off ◆ Other CAD issuers likely to be 'inspired' by deal
-
Downgrade 'pretty much priced in' for French bank and covered paper
-
Heavy local demand for dollar benchmark, but international appetite for AT1 may have improved
-
Paper could arrive on Monday or Tuesday, ahead of flagship covered market event
-
Global head of funding Andrea Dore on this week's sterling and dollar transactions
-
The sovereign has had a busy year of issuance and liability management
-
◆ Sovereign rides post-EU momentum, beats size target ◆ Deal priced flat to fair value ◆ Thuringia oversubscribed but Länder books shrink
-
Very little high-quality corporate issuance from South Africa has been available to investors
