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◆ Telecoms firm takes €1bn across two legs ◆ No to negative premiums offered ◆ Real money sticks as fast money falls out
◆ Real estate firm takes £400m on second outing ◆ Single digit concession needed ◆ Elevated sterling yields putting off potential issuers
◆ Spreads on all three legs tightened by 30bp ◆ Short end leads demand ◆ Deal follows BMW's outing in January
Data
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The resurrection of France's IPO market continues -
The former DCM and infrastructure banker had been with Lloyds for 12 years
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Job recruiter lines up three tranches as next week tipped to be busy
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P&M Notebook
Recruiters say idea that levfin bankers are desperate to leave is a "misconception"
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Former colleague from UBS given mandate to hire dozens of bankers
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Local volatility sends Chilean issuers abroad but international buyers show no sign of fatigue
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