Sterling
-
◆ Specialised lender issues first subordinated note in a decade ◆ Deal sees strong take up from investors as they find value ◆ GlobalCapital speaks to Aareal’s treasurer -
◆ CDC achieves tightening, rare for sterling bonds ◆ ‘A little downside, and a lot of upside’ to two-day execution ◆ Bpifrance prints second sterling deal of 2024
-
◆ Pace of European FIG issuance slows ◆ UK's Co-op Bank set to sell sterling senior ◆ Mediocredito Centrale completes euro senior roadshow
-
Four hybrids draw attention from rampant subordinated FIG market
-
◆ UK bank taps home market ◆ Minimal signs of attrition ◆ Specialist UK pension provider Just Group consolidates tier two
-
◆ Transaction ‘complements’ short end sterling trend ◆ Development bank prices flat to curve ◆ A book size ‘which you don’t see every day in the sterling market’
-
No let-up in demand as the third week of high issuance activity gets underway
-
A busy pipeline is forming in the SSA market as the EU preps its next scheduled transaction
-
Volumes tipped to be down next week, with borrowers cramming into first three days
-
◆ IDA navigates busy dollar market ◆ IFC deal ‘ticked a number of boxes' ◆ Size important for IDA, while not the objective for IFC
-
Potential Gilt volatility prompts market debate
-
◆ Record size, record book and record investor offers ◆ UK financial year syndication target 80% complete ◆ Demand diversity ‘very notable’
