Credit Agricole
Corporate Australia makes hay in global markets
In November, Crédit Agricole CIB and KangaNews arranged a roundtable discussion for some of Australia’s leading corporate issuers. At the back end of a phenomenal year for local and global credit issuance, participants discussed demand, funding and execution strategy, the growing prominence of the euro and Australian dollar markets, and the changing manner in which investors are addressing sustainability. Separately, KangaNews spoke to key buy-side accounts in Asia and Europe to hear their perspective on Australian credit.
KangaNews Awards 2023: institution and deal winners announced
KangaNews is proud to announce the winners of the institutional and deal categories in the KangaNews Awards 2023. At the end of another busy year in the Australian and New Zealand capital markets, KangaNews received votes from hundreds of market participants keen to recognise the achievements of 2023's most outstanding performers.
Credit Agricole prints A$900 million in its debut senior-preferred Kangaroo transaction
EU funding enters its next generation
In October 2020, the EU embarked on a massively enhanced funding programme – immediately making it a major borrower on the international stage following a relatively quiet decade. But COVID-19 response funding was only the beginning of the EU’s medium-term debt-market plans, and it is now setting up to be a significant issuer for the foreseeable future with ramifications well beyond the Eurozone.
Before the deluge
In mid-October, the EU embarked on a funding programme so large that European market participants say it could reshape the European market and have ripple-effect consequences for others. There is no suggestion that the supply cannot be digested by the euro market, but other issuers may adjust their funding plans around the EU’s jumbo issuance forecast.
Green Bond Principles adapt as market innovates
The world’s first sustainability-linked bond and the evolution of transition bonds have led the executive committee of the Green Bond Principles (GBP), with the support of the International Capital Market Association (ICMA), to agree to embrace a wider scope of bond products for a more sustainable, low-carbon economy.
