Westpac
-
-
Spain’s Banco de Crédito Social Cooperativo joined Italian duo Credito Emiliano (Credem) and Credito Valtellinese (Creval) in the tier two pipeline this week, as banks finally felt confident enough to launch new transactions after a tricky September. -
Close Brothers was looking for 10 year sterling funding on Wednesday, while Westpac launched a dual-tranche bond in euros, as banks revived their funding plans after a volatile period.
-
Auckland Council has selected a pair of banks to arrange a roadshow for a bond denominated in either euros or sterling.
-
BOC Aviation is out with a $1bn borrowing, opening the dual tranche deal into general syndication on Tuesday, according to bankers.
-
State Bank of India, which allocated its last loan in June, has launched a fresh financing into the market through five mandated lead arrangers and bookrunners.
-
Louis Dreyfus Commodities Asia has wrapped up a $600m revolver after overwhelming demand allowed it to allocate the full greenshoe to banks, raising the total amount by $100m.
-
Louis Dreyfus Commodities Asia is seeking a $500m revolver and is offering the same pricing as it did on its last loan. This is despite its parent's income before tax having halved in 2015, compared with the previous year.
-
Westpac New Zealand’s €750m five year this week attracted the largest order book and was priced at the tightest ever spread for a New Zealand covered bond. Bank of New Zealand is set to follow.
-
After five months of silence, corporate issuers have returned to the Kangaroo bond market as pent up demand provides a ready home for paper.
-
Singapore's DBS is looking to expand its covered bond investor base and has now set its sights on an Australian dollar offering.
-
Norwegian issuer SR Boligkreditt and New Zealand borrower Westpac NZ will both take new euro deals on the road before the end of May, and the UK’s TSB has confirmed covered bonds will form part of its long term funding.
