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Asset class war breaks out as FIG market complains Reverse Yankees are stealing investors away from their deals
Issuer takes size at a competitive price on first foray into Swiss francs
◆ Smaller trades populate market after roaring week ◆ Air France KLM keeps hybrid momentum going ◆ Cencora and Icade bring no-grow bonds
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Potential Gilt volatility prompts market debate -
Borrower looks to have paid modest concessions after credit markets opened wider on Wednesday
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Hybrid from Snam and sustainability from Welsh Water
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Borrower buoyed by rarity and recent ratings upgrade in €650m trade
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Spreads tighten by more than average in sign that investors are far from sated
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Other incoming new issues include a niche social bond in sterling
