January 2025 was the busiest first month of the year for the investment grade corporate bond market in euros recorded by ...
Mashreq’s AT1 will be the year’s first subordinated trade from the UAE. The deal’s main comparables are AT1 issued from the ...
First two-part AT1 euros deal since Intesa's own in 2020 ◆ Funding establishes a flat curve ◆ Intesa, BNP Paribas both ...
“The way [aviation loan ABS deals are] structured, you're more exposed to the initial airline credit and the risk that they default and not to the ability of a lessor to re-lease an aircraft [like in ...
For some issuers in the Gulf, the main motivation for using euros is arbitrage against dollars, not diversification. But that ...
Finnish bank tightened by 8bp through execution ◆ Banker said 35bp starting point was 'spot-on' ◆ Second banker said deal ...
NC3 EuGB deal priced inside fair value ◆ Greenium helps tighten spreads amid strong demand ◆ Landmark trade cements bank's ...
Partners Group has retained the majority of the equity in the CLO through its risk retention fund. The manager sold a minority share of the CLO equity when the deal was first priced. Partners Group ...
UK building society offered 1bp-2bp NIPs on each tranche ◆ Banker said covered was 'well-flagged' ◆ Second banker said they took BNS and added 'UK pick-up' ...
Other options on table but issuer opts for two taps ◆ ‘Huge books’ now a norm for the issuer, clear NIP this time ◆ EU’s curve evolves to resemble that of EGB peers ...
Electro-Alfa was the first company to close its IPO early in the recent history of the Bucharest Stock Exchange, said George Ciubotaru, vice-president of Electro-Alfa’s board of directors. When the ...
The preference for a diverse group of lead managers and the convention of reciprocity keep covered bond bookrunning competitive despite concentration so far this year ...