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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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Orders have tumbled for a number of bond syndications recently when issuers have set final terms, which has proved a source of anxiety. But this is no bad trip; rather it is a market operating in a higher state of consciousness
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US company mandates for dual tranche bond amid eye-popping spreads for short euro bonds
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Public holidays and central bank meetings stop the market from building up steam
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Damien Aellen returns to BNP Paribas after eight years with Credit Suisse
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Danish issuer waited all week for the right window
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Direct lenders expect to take market share but have their own problems to cope with
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