“Reset spreads of 300bp are very tight,” said Sebastiano Pirro, chief investment officer and head of financial credit strategy at Algebris Investments in London. “At the time of pre-AT1 bonds, ...
In spite of the AI-linked volatility, bankers are still hopeful the IPO market will continue its strong start after a ...
The UK has followed the EU Securitization Regulation since 2019. It was converted into UK law at the end of 2020, when the UK ...
Amgen led four borrowers that raised $6.4bn on Monday. It was joined by Howmet Aerospace (Baa1/A-), which came to the market ...
CLO managers are also worried about the chemical industry, and loans for companies in both sectors have traded down rapidly ...
New issue premiums on senior euro investment grade corporate bondst climbed this week as orderbooks shrunk, with some ...
Barclays took a large chunk of its 2026 funding needs with a $4bn blockbuster that showed its growing preference for size in ...
Issues from Ivory Coast and Kenya this week have lifted African sovereign bond issuance to a record rate so far this year. With emerging market spreads tight, high yield and frontier market issuers ...
While many sections of the UK's public ABS market, like prime residential mortgage-backed securities, are supported almost ...
Raiffeisen Holding Niederösterreich-Wien, the Austrian holding company, sold €180m of shares in Strabag, the Austrian ...
The first banker said his team spotted a “rough senior-sub spread of 140bp on the short tranche” at initial price thoughts, which was compressed to a final level in the high 90s. A similar spread in ...
Madrid was the first, and to date only, sub-sovereign to issue a deal aligned with the European green bond standard (EuGB) ...