AIA entered the euro market on 2 September with a €750m 12 non-call Tier 2 deal that attracted a peak €4.4bn book and beat spread expectations. Ethan Farbman, head of external capital and liquidity, group treasury, AIA ...
Euro investors buy into AIA’s distinctive story as €750m T2 debut beats expectations
Q&As
Raiffeisen Bank International (RBI) cemented its status as the leading bank issuer of green bonds in Austria with the launch of its first green Tier 2 on 9 June, a €500m 12 year non-call seven deal that attracted some ...
RBI: Leading Austrian extends in green
Q&As
BayernLB achieved the tightest re-offer spread for a German euro Tier 2 benchmark when it sold the first green Tier 2 from the country on 16 June, a €500m 10.25 non-call 5.25 trade priced at 135bp over mid-swaps on the ...
Green helps BayernLB to Tier 2 landmarks
Q&As
A €400m AT1 debut from UBI Banca on 13 January attracted more investors than any previous bond issue from the Italian bank, as some 450 accounts placed in excess of €6bn of orders. Head of funding Giorgio Erasmi shared ...
UBI AT1 debut attracts €6bn bid as stars align
Q&As
After becoming the first European insurance company to publish a green bond framework in June, CNP Assurances on 20 November attracted close to €2bn of demand to a €750m long 30NC10 Tier 2 issue and achieved its lowest ...
CNP Assurances: Responsible investment ‘showcase’ excites
Q&As
Australia & New Zealand Banking Group sold the first SDG-linked Tier 2 bond in euros on 15 November in a step towards achieving ALAC requirements and a A$50bn sustainability target. Simon Reid, director, group funding, ...
ANZ moves towards dual targets with SDG T2
Q&As
UBI Banca made a swift return to the senior non-preferred sector on 14 October, taking advantage of a strong market to sell a €500m long five year benchmark almost 100bp inside where it sold a five year in June. Giorgio ...
UBI Banca caps year with strong SNP return
Q&As
National Australia Bank on 18 November extended the Australian domestic Tier 2 curve with the first 12 year non-call seven issue, after having on 29 July sold the equal-largest US dollar Basel III Tier 2 tranche from an ...
ALAC: NAB goes large offshore, long at home
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On 23 September, Generali reinforced its sustainability push by issuing the first green bond from a European insurer. The landmark trade was the finale to a liability management exercise that helped the Italian insurer ...
Generali hits targets with green first
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