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◆ Deal prices close to fair value ◆ Retail denoms keep curve tight ◆ Heidelberg takes €1.5bn with dual tranche trade
◆ Italian utility prints four and seven year bonds ◆ Shorter leg pulls in stronger demand ◆ Both tranches grow in size as pricing tightens
Shares have soared this year on data centre boom
Data
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◆ German industrial borrower prints €500m five year ◆ Issuer skips guidance on solid demand ◆ HLD Europe follows with a sub-benchmark six year
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Concessions climb as Middle East war rocks sentiment and Amazon redefines clearing levels
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Paul Gibbs among those departing the firm after long service
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Crédit Agricole reorganises loans business amid busy hires and promotions in industry
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◆ Deutsche Post delivers €1.25bn over two tranches ◆ Some premium needed for defensive deal ◆ Deutsche Börse gets Monday's largest book
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◆ Elis and Australia Pacific Airports offer low double-digit concessions ◆ Akzo Nobel prices dual trancher ◆ Shorter dated deals attract strongest demand
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