GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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High grade and crossover bonds

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◆ Demand drops by half during book building ◆ Final spread tightened by 45bp ◆ Deal lands through fair value
◆ Order book lifts size to €600m ◆ Deal lands flat to fair value ◆ US credits enjoy brisk summer sales in Europe
Issuers pile in to market near multi-year tights
Lull in issuance imminent but searing hot market could entice more borrowers before party ends
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