NordLB
-
Leads’ orders helped issuer meet its size goal -
Regional borrowers from Belgium, Germany and Spain power surge in labelled bond issuance among SSAs
-
Issuance from German states has increased 70% year-on-year
-
◆ Domestic and international investors split over price ◆ Final spread strikes balance between differing spread opinions ◆ Debut deal attracts highly granular book
-
◆ High demand for debut labelled FIG debt ◆ Two factors behind the single digit concession ◆ NordLB to break senior issuance hiatus in green
-
◆ Landesbank preps first public senior deal since 2016 ◆ Need to fund growing bank fuels senior return ◆ Upcoming deal expected to offer pick-up to Landesbank peers
-
German federal state attracts nearly €3bn of demand for inaugural social bond
-
Two German issuers each took planned €500m from oversubscribed books on the same day as the sovereign
-
Issuers set to follow anticipated EU new issue with deals ahead of Federal Reserve’s next meeting
-
Bank of England wins big book for its annual dollar bond
-
Shorter deals from NordLB and KBC fared better than Baca’s 2029 note
-
Multilateral development bank will meet investors for first euro benchmark
