Free Trial

CREDIT SUPPLY: FIG Book Size Updates

CREDIT SUPPLY
  • KBC (KBCBB: A3/A-/A) AT1, books >EUR1.75bn (for benchmark).
  • BAWAG Group (BGAV: Baa2) AT1 – none yet.
  • Piraeus (TPEIR: Ba2 pos/B+/BB pos) Tier 2, books >EUR1.25bn (for benchmark)
  • Macquarie Bank (MQGAU: A1/BBB+/A) sr unsec, books >EUR1bn (for exp. EUR500m).
  • Caixabank (CABKSM: Baa2/BBB pos/BBB+ pos) books >EUR3bn across both benchmarks.
  • Hamburg Commercial (HCOB: A3) sr pref, books >EUR1bn (for benchmark).
  • Hellenic Bank (HBCY: Ba2 pos/BBB-) – none yet.

GBP issues:

  • NatWest (NWG: A3/BBB+/A) Tier 2, books >GBP1bn (for benchmark).
  • Just Group (JUSTLN: BBB) – none yet.
75 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • KBC (KBCBB: A3/A-/A) AT1, books >EUR1.75bn (for benchmark).
  • BAWAG Group (BGAV: Baa2) AT1 – none yet.
  • Piraeus (TPEIR: Ba2 pos/B+/BB pos) Tier 2, books >EUR1.25bn (for benchmark)
  • Macquarie Bank (MQGAU: A1/BBB+/A) sr unsec, books >EUR1bn (for exp. EUR500m).
  • Caixabank (CABKSM: Baa2/BBB pos/BBB+ pos) books >EUR3bn across both benchmarks.
  • Hamburg Commercial (HCOB: A3) sr pref, books >EUR1bn (for benchmark).
  • Hellenic Bank (HBCY: Ba2 pos/BBB-) – none yet.

GBP issues:

  • NatWest (NWG: A3/BBB+/A) Tier 2, books >GBP1bn (for benchmark).
  • Just Group (JUSTLN: BBB) – none yet.