Americas
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Canadian province to maintain market-friendly funding approach and 'meet investors where they want us'
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◆ Couche-Tard and Louis Dreyfus line up seven year trades ◆ Roquette adds to hybrid queue ◆ Corporate pipeline swells, execution dependent on a shaky backdrop
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Foreign bank issuers secure tight pricings
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◆ First dollar SSA benchmark in two weeks, 'very successful' ◆ 'Pro-investor' pricing approach on show once again ◆ Funding for new fiscal year well underway
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◆ General Mills debuts €1.7bn Reverse Yankee hybrids ◆ Engie raises €2.06bn-equivalent across euros and sterling ◆ Sub/senior spreads stay modest on Engie's euro tranches
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Tweaks to trading book rules will be next stage of competition
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A prolonged oil shock will hurt airlines, but a Covid-style industry collapse is a long way off
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Talk of de-dollarisation has evaporated. The dollar market remains the undisputed king of financing
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First trade from a LatAm corporate since the outbreak of war in the Middle East
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Margins widen as lenders weigh up AI disruption to portfolio companies
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US snack giant prints Sfr850m in three tranches after a decade away
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A series of foreign bank issuers move in force to raise dollars, pushing weekly issuance tally close to March 2025