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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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◆ French issuer sells hybrid and two year floater ◆ Peak orders for hybrid more than eight times deal size ◆ FRN prices inside fair value -
The smart choice for parting ways in investment banking is to avoid being too clever
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Block in Adnoc's maritime logistics arm seven times oversubscribed
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International borrowers back in Swiss francs as long tenors find traction
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Corporates could trade through OATs as September 8 snap vote nears
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