Société Générale
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Bulging books for some, but Grenke is forced to postpone its trade after opening books -
Short dated, highly rated issuance manages to push through fair value
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Pair of issuers get ahead of upcoming large EU syndication
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Deal is understood to have broken a record for the issuer
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The South Korean policy bank met its target size and price on a busy day for deal flow
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Big books on offer as investors take pick of ESG, debuts and sterling
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RBC, ING Diba, BSH and Danske pre-fund in size in case market conditions deteriorate
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High grade corporate greeniums are holding on but demand outstrips supply
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Inflation and central banks create red light/green light market and some are being caught out
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The SocGen board wants to bring in a fresh face as CEO, but skills required point to a narrow slate of internal candidates
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UK bank sells remaining 7.4% stake in overnight block
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Lloyds chooses additional tier one (AT1) funding in sterling while Allianz and Société Générale hit euro market for tier two financing
