Lloyds Bank

Elevated new issue premiums have become a persistent theme of the FIG market in recent months and bankers say they are unlikely to shrink any time soon.

Financial services firm Hargreaves Lansdown has received as many as 120,000 registrations of interest in the planned public sale of Lloyds Bank shares by the UK government.

Elevated new issue premiums have become a persistent theme of the FIG market in recent months and bankers say they unlikely to shrink any time soon.

Lloyds offered a generous premium on a three year floater on Monday but struggled to generate strong demand, as bankers warned the cautious tone among investors could continue.

Vitol, the Switzerland-headquartered oil trader, has signed its annual loan refinancing, increasing the loans from $7.5bn to $8bn.

Oil trader Vitol is expected to finish its annual financing of flagship loans by Wednesday, according to a banker on the deal.

ABN Amro has tapped a private 2017 floating rate line multiple times in the past few months, pushing the outstanding to near €1bn.

Norway’s DNB Bank has increased what is only its second MTN in Hong Kong dollars, returning a day after it placed the original note.

So far green bonds have dominated the still young ESG capital markets. But in the last 12 months a pair of issuers have brought bonds based on social themes in benchmark size. Tessa Wilkie reports on how we are about to see a lot more of them.

Proximus, the new name for Belgian telecoms company Belgacom, issued a €500m no-grow bond on Monday, achieving a high oversubscription for the deal.

Proximus, the new name for Belgian telecoms company Belgacom, issued a €500m no-grow bond on Monday and won high oversubscription.

Vitol held a bank meeting last week to refinance its flagship loans. The Swiss-headquartered firm will not increase the loan from $7.5bn, according to bankers.