Banco BPM's Credit Spreads Likely to Tighten If Acquisition by UniCredit Succeeds -- Market Talk

Dow Jones
2024/11/25

1525 GMT - The proposed acquisition of Italian bank Banco BPM by UniCredit could cause Banco's credit spreads to tighten, ING strategist Suvi Platerink Kosonen says in a note. "If the deal were to go through the Banco BPM AT1 [additional tier 1] curve would outperform against UniCredit," she says. The risk premium--or spread--on Banco BPM's additional tier 1 bonds is wider than on UniCredit AT1 bonds, ING says. Additional tier 1 bonds are risky debt issued by banks and act as a buffer if a bank's capital falls below a set threshold. (miriam.mukuru@wsj.com)

 

(END) Dow Jones Newswires

November 25, 2024 10:25 ET (15:25 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10