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◆ Smaller trades populate market after roaring week ◆ Air France KLM keeps hybrid momentum going ◆ Cencora and Icade bring no-grow bonds
◆ Transdev debuts among some big trades ◆ Abertis looks to pay zero premium on hybrid ◆ Heidelberg Cement pays low concession after big rally in its debt
◆ US companies Pfizer and McDonald’s raise euros ◆ Pfizer pays zero concession but some thought it looked cheap ◆ McDonald’s cooks up almost €4.7bn book at peak
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The company announced his departure on Friday -
Severn Trent and Bank Vontobel tempt investors with inaugural trades
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Successful corporates and FIG bonds belie move to ‘higher volatility regime'
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US due to impose swingeing tariffs next week
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Innovation has generated 500 deals without requiring extra bankers
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◆ Pair of deals follow long gap ◆ Eurofins multiple times subscribed despite small size ◆ Stronger market brings riskier deals
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