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◆ First deal in sterling since UK budget ◆ Book falls as deal prices tighten ◆ More sterling supply expected before Christmas
Crédit Agricole and DekaBank take centre stage in Swissies as domestic names go quiet
Light opportunistic dusting expected, but prohibitive pricing to put off non-sterling funders
◆ Praemia refis at a tighter coupon ◆ Schneider lands tight at the short end ◆ Minimal concessions needed
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Demand continues to far outstrip supply in IG corporate market -
BBB- rated real estate company garners big orders as real estate’s popularity soars
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Food service company sees chunky order book for sustainable debt
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Longer maturities more popular as BMW and Mitsubishi HC tighten all tranches
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Lowest rung of investment grade in spotlight as real estate continues rehabilitation
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European corporate bond issuance down on last year but good pricing and capex could tempt borrowers
