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High yields and tight senior/sub spread fuel enthusiasm for issuance among investors and issuers
◆ Pair help market to end week on a high note ◆ GSK offers pick-up over peer AstraZeneca ◆ Glencore finds demand at eight years
◆ French borrower takes €1.15bn across two tranches ◆ Balance struck between size and price to keep investors onside ◆ Small concession offered
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Two big infrastructure deals with private capital providers are fuelling hopes of a sustained M&A rebound in Germany
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Strong captive green demand keeps euro benchmark books sticky
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Mid-cap equity-linked issuance to grow
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Mainstream credit investors pile in, reducing reliance on hedge funds
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◆ Issuer returns after decade absence ◆ 'It’s a very different organisation now,' says person involved in deal ◆ Rare level of demand for sterling bonds
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◆ Staggering demand for Dutch utility ◆ Pricing tightened 80bp from initial thoughts ◆ Volkswagen steers €2bn multi-tranche green deal
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