Sterling

Santander shows big AT1 deals work best alongside tender offers

◆ Barclays pushes 'very impressive' AT1 flat to fair value after becoming net negative AT1 issuer ◆ Pension Insurance Corp follows euro peers with tier two ◆ 'Horribly undersupplied' investors pile in orders

Investors lured by a ‘strong and conservative’ bank with a short-end offering

One of the largest social housing providers in the UK gets two new lenders on credit facility

Public holidays and high profile events mean borrowers will be crammed into a few issuance days

Mining, industrials and chemicals flagged as sectors ripe for debt-funded consolidation

The Aussie dollar investor pool is diverse deep; dive in and take size

Issuer tested new pricing reference but plans to keep it flexible going forward

MAG’s tightly priced bond adds credence to claims that Thames Water’s woes are isolated

◆ UK's biggest building society kicks off FY 2024 issuance programme ◆ Treasury deputy Collins on 'never being a forced issuer' ◆ Nationwide and Virgin Money combined issuance needs under consideration

Pricing from swap curve has taken a firm hold in 2024

◆ Investors show price-sensitivity in build-up ◆ Seven times subscribed ◆ Final spread ‘was sensible’, say leads