Deutsche Bank
-
The sovereign plans to add to an existing 30 year benchmark -
The €2.7bn promissory note was increased from €500m target
-
Issuer prices deal with 2bp-3bp of concession but views divided on fair value
-
Luxembourg-based supranational completed over a third of its annual funding in a single deal
-
The sovereign chose a 15 year tenor despite peers demonstrating demand for even longer debt
-
Issuers must pay premium to access sterling but pricing still attractive versus euros
-
Estonian energy firm moves to stable loan market to refinance bond
-
Sovereign issuer pays lower concession than on January syndication
-
Second strong outing for top tier issuer leaves question over investor demand for weaker names
-
The multilateral issuer intends to fund in euros at least once a year after the currency proved more cost-efficient than dollars this week
-
Despite some selling in the secondary market, primary AT1 deals remain very popular
-
German issuer’s first sustainability deal was many times covered
