Cbonds Global

2021-03-17 12:33:32 Upcoming issue

Issuer: Luxembourg (Aaa/AAA/AAA)

Issue description: 10Y bonds 

Currency: EUR 

Date: lead managers were mandated on March 16, the deal is expected on March 17 

Volume: benchmark size 

Bookrunners and Lead Managers: Belfius, BCEE, BGL BNP Paribas, BIL and Deutsche Bank Open / Comment

2021-03-17 12:30:37 Upcoming issue

Issuer: Greece (Ba3/BB-/BB)

Issue description: 30Y bonds due in January 2052 

Currency: EUR 

Date: lead managers were mandated on March 16, the deal is expected on March 17 

Volume: benchmark size 

Bookrunners and Lead Managers: BNP Paribas, Goldman Sachs, HSBC, JP Morgan and National Bank of Greece Open / Comment

2021-03-17 12:26:48 Rating Actions in Foreign Currency on March 16, 2021

Moody's upgraded Mongolia's outlook to stable, affirmed "B3" rating.
Reasons: "liquidity risks and external pressures have stabilized for the foreseeable future, albeit at somewhat higher levels than seen prior to the pandemic. Higher government borrowing requirements resulting from sizeable stimulus in 2020 were financed primarily through a combination of concessional sources and a drawdown on fiscal reserves, thus relieving liquidity pressures. Recent refinancing has also reduced upcoming maturities in 2021 and 2022. External vulnerabilities have declined, on the back of a faster than expected recovery in mining exports." - Moody's report. Open / Comment

2021-03-17 12:17:39 Upcoming issue

Issuer: Simon Property Group (A3/A/-)

Issue description: 8Y-12Y bonds 

Currency: USD 

Date: lead managers were mandated on March 15, the deal is expected this week 

Volume: benchmark size 

Bookrunners and Lead Managers: Barclays, BNP Paribas, JP Morgan and Societe Generale Open / Comment

2021-03-17 12:14:02 Upcoming issue

Issuer: Traton 

Issue description: 4Y, 8Y and 12Y bonds 

Currency: EUR 

Date: lead managers were mandated on Monday, March 15, the deal is expected this week 

Bookrunners and Lead Managers: Deutsche Bank as global coordinator and Citigroup, Commerzbank, Santander and Societe Generale as bookrunners Open / Comment

2021-03-17 12:06:14 Upcoming issue

Issuer: Foncia Management 

Issue description: 7Y non-call three secured bonds and 8Y non-call three unsecured bonds 

Currency: EUR 

Date: the deal was announced on March 15, and is expected this week 

Volume: €400 mln for 7Y tranche and €250 mln for 8Y tranche 

Bookrunners and Lead Managers: Deutsche Bank, BNP Paribas, Goldman and Natixis Open / Comment

2021-03-17 12:03:11 Upcoming issue

Issuer: CGG 

Issue description: 6Y non-call three dollar and euro secured bonds 

Currency: USD and EUR 

Date: the deal was announced on March 15, and is expected this week 

Volume: $1.2 bn-equivalent in total 

Bookrunners and Lead Managers: Goldman Sachs for euro tranche and Morgan Stanley for dollar tranche Open / Comment

2021-03-17 10:19:36 Upcoming issue

Issuer: Via Celere 

Issue description: 5Y non-call two bonds 

Currency: EUR 

Date: the deal was announced on March 15, and is expected this week 

Volume: €300 mln 

Aim: to repay existing debt and fund cash to balance sheet 

Bookrunners and Lead Managers: JP Morgan and Deutsche Bank Open / Comment

2021-03-17 10:18:00 Upcoming issue

Issuer: Madrid 

Issue description: sustainability bonds due on April 30, 2031

Currency: EUR 

Date: lead managers were mandated on March 15, the deal is expected this week 

Volume: benchmark size 

Bookrunners and Lead Managers: BBVA, Caixabank, HSBC, JP Morgan, Banco Sabadell and Santander Open / Comment

2021-03-17 10:15:40 Upcoming issue

Issuer: France (Aa2/AA/AA)

Issue description: green OAT due on June 25, 2044 

Currency: EUR 

Date: lead managers were mandated on March 15, the deal is expected this week 

Volume: benchmark size 

Bookrunners and Lead Managers: BNP Paribas, Citi, Credit Agricole, HSBC, and JP Morgan Open / Comment