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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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Quiet spell during earnings blackout prompts expectations of bumper supply volumes in May -
US companies expected to try and capture same magic that saw P&G land at record inside mid-swaps
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Defensive sector trades wide coming into major issuance window
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SMBC’s stake will grow to 15% as firms deepen co-operation
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Chinese borrowers find respite in offshore renminbi amid turbulence in the dollar debt market
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'Very specific' demand swallows city's bond, longer than govvies
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