Jyske Bank played into the safety-first mentality of year-end issuance in fragile markets with a EUR500m three year inaugural euro senior non-preferred deal last Wednesday that delivered on its commitment to investors, after ...
Jyske successfully delivers EUR500m SNP despite uneasy mart
Market
A row between the Italian government and the EU over the peripheral country’s budget and then the climax of the UK’s Brexit negotiations presented issuers and investors with a veritable minefield of events to navigate ...
Brexit, Italy prove too hot to handle as deals suffer
Market
Munich Re demonstrated its appeal to investors with a twice-subscribed EUR1.25bn Tier 2 trade on 15 November amid market conditions that led to a UK covered bond being pulled, as insurers experienced mixed outcomes in the ...
Rare Munich Re shows strengths amid fall volatility
Market
ING sold the largest green bond from a European bank on 8 November, a EUR2.6bn equivalent inaugural green senior HoldCo transaction, after Commerzbank had on 16 October chosen the senior non-preferred format for its green ...
ING HoldCo, Commerz SNP hit green highs
Market
Credit Suisse took advantage of a possibly final pre-summer issuance window to sell a $2bn (EUR1.7bn) Additional Tier 1 (AT1) on 9 July, but demonstrated the underlying unreliable nature of the market by going out with ...
Credit Suisse hits pre-summer window with $2bn AT1
Market
Dutch Additional Tier 1 prices were temporarily hit on 2 July as news emerged that, following a European Commission ruling, they will lose tax deductibility from 1 January 2019. They soon recovered as issuers announced they ...
Dutch AT1 recover after tax status undermined
Market
Caixa Geral de Depósitos (CGD) successfully completed a recapitalisation plan embarked upon last year with the execution of a EUR500m 10 year non-call five Tier 2 deal on 21 June, overcoming volatile markets to price its ...
CGD T2 completes recap despite intra-day volatility
Market
CNP Assurances sold the first benchmark Restricted Tier 1 in euros on 20 June, a EUR500m perpetual non-call 10 instrument that, together with a EUR300m RT1 for Vivat, showed the new insurance asset class to be gaining ...
CNP sells first EUR500m RT1, Vivat joins market
Market
Nordea issued the first senior non-preferred debt out of Sweden on 15 June ahead of its re-domiciliation to Finland in October, attracting more than EUR3.25bn of demand to its EUR1bn five year after moving quickly to take ...
Nordea in Swedish-Finnish contractual SNP debut
Market
