Spain
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Southern European banks to lean on covered bonds for TLTRO refinancing
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Renewables will be Iberia’s strength next year, but markets expect no boom
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Antero Touchard had worked at the firm since 2003
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The Spanish utility company has reimagined a structure that vanished from the convertible market for over two years
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The resurgence of convertible issuance in Europe is continuing with a structured trade from the electric utility company
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Investors rush to make the most of the pre-Thanksgiving window
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Deal including bilateral loan will extend debt maturities
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CK Hutchison acquired Cellnex stake by selling European towers assets to the Spanish roll-up
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Enrique García Pazos is latest to fall victim to the bank's widespread redundancy programme
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The Italian lender managed to score size with a slim 10bp-15bp new issue premium
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Spain's Export Credit Agency Cesce will provide credit insurance for Iberdrola's €500m syndicated green facility
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Strong market backdrop manifests in 10bp lower concessions for senior sales