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 â—† Book holds up after 'aggressive' 12bp move â—† 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 ...