Banche sul mercato; da notare, come elemento d'interesse, che Rabo si finanzia con senior uns allo stesso tasso di CA con un covered, nonostante i differenti rating (AAA per il cov) delle emissioni (per lo meno per S&P)
Credit Agricole Narrows Pricing On 10-Year Covered Bond
Data: 04/01/2012 @ 09:39
Fonte: Dow Jones News
Credit Agricole Home Loan SFH, the mortgage-lending arm of French bank Credit Agricole SA (ACA.FR), has trimmed initial price guidance on its planned 10-year, euro-denominated covered bond to 165-170 basis points over midswaps, one of the banks running the sale said Wednesday.
The bank had set guidance at 165-175 basis points over midswaps Tuesday.
Credit Agricole SA, Danske Bank AS, Societe Generale SA, UBS AG and UniCredit SpA are lead managers on the deal.
The bond is expected to be rated triple-A by all three ratings companies.
-By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259;
[email protected]
Lloyds Opens Order Books On Five-year Euro Covered Bond
Data: 04/01/2012 @ 09:39
Fonte: Dow Jones News
loyds TSB Bank PLC (LLOY.LN) has opened order books on its planned five-year, euro-denominated covered bond, one of the banks running the sale said Wednesday.
Initial price guidance on the benchmark-sized deal has been set in the area of 185 basis points over midswaps.
Barclays PLC, Lloyds Banking Group PLC, Natixis and UniCredit SpA are lead managers on the transaction.
The bond will be backed by 100% prime residential U.K. mortgages, the bank said, adding that Moody's Investors Service Inc. and Fitch Ratings are expected to give the deal top ratings.
-By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259;
[email protected]
Rabobank Sets Price Guidance On 10-Year Euro Bond
Data: 04/01/2012 @ 09:40
Fonte: Dow Jones News
Dutch lender Rabobank Nederland has set initial price guidance on its 10-year, euro-denominated senior unsecured bond in the area of 175 basis points over midswaps, one of the banks running the deal said Wednesday.
The benchmark-sized bond is expected to price later Wednesday.
Bank of America Merrill Lynch, Morgan Stanley, Rabobank and UBS AG are joint lead managers on the sale. The issue is expected to be rated Aaa by Moody's Investors Service and AA by Standard & Poor's Corp.
-By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259;
[email protected] (Alessandro Pasetti contributed to this report)
