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◆ First hybrid from Belgian utility since 2023 ◆ Size rises by €400m from benchmark ◆ Final book shrinks sharply by allocations
Former investment banker has been CFO of Verbund
No deals were reported on Monday, but supply could restart the next day
Data
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Bond spreads have tightened, while Schuldschein pricing slowly accepts last year's widening
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Fourth biggest bond ever needed new pricing approach to work
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More foreign banks are preparing to issue in Japan as local investors show strong appetite
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GlobalCapital collected data on €9.6bn of issuance in the first quarter of 2023
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Precision on final terms increasingly important for good execution
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Market waits to see if ECB will become more active in selling polluting industry bonds
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