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◆ Bureau Veritas tests eight year euro demand ◆ Deal lands tight with slim concession ◆ Book attrition no concern
◆ Irish cladding company returns after 2024 debut ◆ Strong demand drives sharp tightening on both tranches ◆ Four year leg outperforms seven year on orders
◆ Minimal concessions paid ◆ Books peak high before shrinking ◆ Final demand in line with recent trades
Data
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Issuers face paying higher new issue concessions in January
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Order books for the deal bulged, despite the time of year
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Borrower's deal took in €2.8bn of final demand
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Borrower receives £880m of orders, despite UK water sector's woes
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Australia offers a perfect getaway from crowded northern markets for global credit issuers
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Book drops almost €2bn from peak as not all investors chase deal down
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