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Corporate Bonds

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◆ Pharma firm returns to euros after two years away ◆ Some concession needed for slim covered deal ◆ Koninklijke Philips adds to biotech flow
◆ US equipment maker prints two year FRN, three year fixed rate ◆ Issuer's largest euro deal ◆ High orderbook attrition as spreads tighten
◆ UK housing association sells 15 year bond ◆ Issuer lands spread at middle of range as book fails to 'catch fire' ◆ Traton lines up sterling deal

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