Americas

◆ Henkel raises €1bn across two tranches ◆ Publicis affiliate draws more than €2bn for €500m ◆ Both deals land with small premiums

Hyperscaler and data centre debt mountain will keep growing, even if technical stampede eases

◆ First euro funding in almost a decade ◆ Part of early refi of its last euro bond ◆ Rarity makes it a trickier sale during heightened market volatility

Banker to relocate from New York as SG picks pair to take over Americas equities

Yankee deals range from subordinated debt debuts to super long senior extensions

Flood of US deals yet to harm European borrowers materially but potential for spread widening and crowding out remains

◆ US food group funds M&A with first euro bond ◆ €500m no-grow draws more than €1.65bn at peak ◆ Tenor choice helps issuer find demand

There is little evidence that US corporate issuance in euros is crowding out local borrowers

◆ Amazon adds sterling to funding tool kit ◆ Deal the second largest in the currency after Alphabet's own debut ◆ Trade prices tight but higher price needed for size

◆ Five-part debut draws more than €21bn of peak orders ◆ Uber offers diversification from hyperscaler-heavy US supply ◆ Issuer leaves concessions on table to secure size

◆ Bank issues amid heavy supply from US tech companies in euros and sterling ◆ Dual tranche structures takes the maximum volume eyed ◆ Second largest YTD public issuance achieved by US FIG sector

◆ Extends sterling curve by 15 months ◆ BMO 'well liked, well followed' name, lead says ◆ Lower NIP paid than on recent sterling trades