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◆ Hybrid bonds bid wider as govvies sell off ◆ EDF book holds firm earlier this week ◆ Some concession ensures healthy demand
Swiss investors retain appetite for credit as yields become more attractive
US dollar market bursts to life after Labor Day holiday
Flood of US deals yet to harm European borrowers materially but potential for spread widening and crowding out remains
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◆ US food group funds M&A with first euro bond ◆ €500m no-grow draws more than €1.65bn at peak ◆ Tenor choice helps issuer find demand
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◆ French publishing and retail firm offers rare unrated deal ◆ Deal strikes balance between compensating investors and attractive pricing for issuer ◆ 'Strategic related partner' anchors the book
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◆ Amazon adds sterling to funding tool kit ◆ Deal the second largest in the currency after Alphabet's own debut ◆ Trade prices tight but higher price needed for size
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◆ Five-part debut draws more than €21bn of peak orders ◆ Uber offers diversification from hyperscaler-heavy US supply ◆ Issuer leaves concessions on table to secure size
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◆ Largest euro corp deal from a European issuer this year ◆ Borrower pays above-average concessions across the curve ◆ French issuers rush to fund ahead of political uncertainty
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Four-part deal could come as soon as Wednesday, adding sterling as Amazon’s fifth funding currency