Helaba’s first euro covered deal of 2025 met resistance as some investors felt the note looked too tight compared to SSA paper. As a result, the deal did not attract the rampant demand as recent ...

Belfius’ tighter deal lost half of its peak book despite offering a visible new issue premium. Iccrea, which offered a 20bp higher spread for a bond one year shorter, lost €590m of orders.

Deal attracts largest CEE euro covered book ◆ Book holds up after 'aggressive' 12bp move ◆ Bond prices through fair value, but setting the level proves tricky ...

M&A is also tipped to pick up during 2025. At the end of 2024, around 75% of loan bankers surveyed by GlobalCapital said they expected M&A volumes to increase this year. Corporate bond bankers are ...

First tier two after Aussie AT1 phaseout confirmation ◆ European investors like what they see, even at tight valuation ◆ Some disparity between primary and secondary markets ...

Derayah Financial Co, the Saudi online broker and asset manager, announced its intention to list on Tadawul, the Saudi Exchange, on Thursday. This is the third IPO announcement in the Persian Gulf ...

PIF (Aa3/—/A+) sold $2.4bn 5.25% January 2030 at 99.393 to yield 5.39% while a $1.6bn 5.625% July 2034 was issued at 99.362 to yield 5.713%. At $2.4bn, the five year tranche was the largest size PIF ...

A2A’s €500m trade landed at 125bp over mid-swaps from €3.5bn of pre-reconciliation demand. The issuer has a 1% November 2033 green bond that which trading at an I-spread of 120bp before the new deal ...

Citi is offering investors the top five tranches of Jubilee Place 7, a. Dutch buy-to-let RMBS, after placing the certificates and class ‘F’ notes earlier this month. The €229m portfolio comes from ...

At 160bp-165bp over US Treasuries, Orlen’s note offered about 70bp-75bp over the Polish sovereign, which had $3bn 5.125% 2034s bid at 91bp over Treasuries on Thursday, according to Tradeweb.

The UK tapped its £8bn 4.375% January 2040 Gilt, and, after receiving £119bn of orders, added £8.5bn to the line. This amount ...

Cerberus brings its first revolving Heloc trade while Beach Point is out with its first nonperforming loans mortgage deal in ...