Spain
-
◆ Borrower lands inside fair value for second year in row ◆ Orderbook ends near peak despite heavy tightening ◆ Investors say there is 'too much liquidity' -
◆ Sovereign sets new book and size records ◆ Deal a hit despite 'not straightforward' backdrop ◆ 'Different story' while still 'a confidence booster'
-
◆ Spanish region lands tight versus govvie ◆ Well sought-after deal despite squeezy spread ◆ Strong technical continues to support Spanish (and French) SSAs
-
Company outlook moved to negative though it remains investment grade
-
◆ Spread to Spain gets tight ◆ Big book, record number of investors ◆ Usual pre-summer green bond next
-
Treasury official says stability of Bonos spreads particularly valuable against volatile political backdrop
-
◆ Spanish agency takes €1.5bn ◆ Books were equally strong for both tranches ◆ Large demand consistent with recent deals
-
◆ Gigantic book for Spain ◆ Finland also soared on demand ◆ Austria or Germany next?
-
◆ Deal prices near fair value ◆ Minimal attrition in order book ◆ Asset managers assessing AT1s versus senior paper and equity
-
◆ BPCE attracts €5.3bn, Navarra €3.5bn ◆ Small concessions to fair value and govvies ◆ Longer dated Spanish deal lands inside higher rated French name
-
Auto and real estate companies attract chunky demand for syndications
-
Sustainability-linked revolver refinanced two years early
