High Grade

  • Red Eléctrica and Volvo Treasury prove ‘greenium’ at A ratings

    Red Eléctrica and Volvo Treasury prove ‘greenium’ at A ratings

    The spread benefit of ESG-linked debt was on clear display in Europe’s corporate bond market on Monday. For the second time in days, investors were offered two similar transactions and paid significantly more for the ESG option, in this case a green bond from Red Eléctrica.

  • US, local names crowd into euro corporate market

    US, local names crowd into euro corporate market

    A smattering of European investment grade companies are lining up bond issues, as May continues to bring the turnaround in issuance levels that the market had been hoping for in the run-up to the UK bank holiday at the start of the month.

  • IG corp buyers show preference for ESG and short maturities

    IG corp buyers show preference for ESG and short maturities

    The demand for sustainability-linked bonds was made clear on Thursday, as French minerals company Imerys’s deal commanded more than double the demand of Swedish property firm Sagax’s conventional trade, despite sharing big similarities.

  • IG corp investors pile into anything with yield

    IG corp investors pile into anything with yield

    Europe’s high grade corporate bond investors clamoured for spread this week, with low triple-B rated companies Aker BP and Holding d’Infrastructures de Transport (HIT) finding ample demand a day after Eni had sold hybrid debt.

  • 'Greenium' exists for IG corps even at sub-benchmark sizes

    'Greenium' exists for IG corps even at sub-benchmark sizes

    The demand for sustainability-linked bonds was laid bare on Thursday, as French minerals company Imerys’s SLB commanded more than double the demand of Swedish property firm Sagax’s conventional trade, despite both deals sharing major similarities.

  • DCM automation hits milestone with LSEG deal

    DCM automation hits milestone with LSEG deal

    A $7bn equivalent nine-tranche bond issued by London Stock Exchange Group in March put the newest generation of bond documentation software through its paces. It was the first deal of its size and complexity to use one of the growing array of automation technology platforms.

high grade news archive