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◆ Scottish Hydro tests long-dated sterling demand ◆ Tight pricing limits further tightening from guidance ◆ Cadent extends its euro curve with 10 year trade
◆ German utilities taps improving bond market ◆ Demand holds firm across six and 11 year tranches ◆ Fair value debated
◆ Pair of real estate borrowers print four euro tranches ◆ Vonovia draws strongest demand on shortest leg of €2bn three-part trade ◆ Realty Income pays small concession on €600m outing
Outstanding corporate funding chief at BP for 25 years, whom other treasurers turned to for advice
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Electricity company prioritises price but still raises €850m -
Demand for ADR swells to more than four times oversubscribed
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Holding company bonds battered: so far, secured bonds are only scratched
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Borrower has no plans to get a rating or issue another bond this year
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◆ New name complements euro funding with inaugural Swissie sale ◆ Currency debut lands flat to euros despite wider spread ◆ 100bp needed to seal size
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Debut green issuers gain little traction as Thames Water makes for slippery market
