Barclays

Vaccine bond marks issuer’s triumphant, if pricey, return to sterling

Vaccine financier marketing trade amid major disruption in UK politics

UK luxury carmaker opts for Saudi participation over Chinese control

New issue concessions on the rise in final major week of issuance before expected summer lull

Coupon difference between deals printed a year apart highlights direction of market

Hydrogen company opts for rights issue to fund projects in tricky market

UK issuer restarts additional tier one issuance from Europe after three year hiatus

German agency deal more than three times oversubscribed though new issue concessions inching up

Volatile debt markets continue to punish SSA issuers across the spectrum

The Israeli bank raised $800m to grow its credit portfolio

New deal is expected to refinance outstanding additional tier note at cheaper cost than extending it

After a sharp slump in corporate finance revenues, investment banks are facing an uncertain second half of the year. If previous downturns are a guide, job cuts will be inevitable before a new market reality emerges to trigger the next wave of capital markets and M&A activity. By David Rothnie