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◆ Market roars into life after UK public holiday ◆ Premiums low despite heavy supply this month ◆ Smaller deal sizes prop up demand
◆ Telecom company brings rare sterling hybrid ◆ Demand for hybrid tranche exceeds three times ◆ Company prints euro benchmark on same day
◆ Derwent brings smooth Friday trade ◆ Deal caps off €49bn-equivalent fortnight ◆ Volumes expected to collapse
Less exuberance in bookbuilding and secondary widening follows primary market onslaught
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Clear success of Tuesday's euro corporate bond issues should give others confidence
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◆ Fresenius, Danone and Proximus benchmarks shake off tariff turmoil ◆ Range of new issue concessions needed ◆ High orderbook attrition for those pushing hard on spread
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Washing will reveal its tariffs on April 2 but many expect ambiguity to continue
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AusNet and unrated Lagardère market euro benchmarks
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The company announced his departure on Friday
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Successful corporates and FIG bonds belie move to ‘higher volatility regime'