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◆ Siemens burst out of the gate with five tranches ◆ Rarely spotted floating rate note sees good demand ◆ More multi-tranche trades expected this week
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
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Market expected to shut after Wednesday as UK elections and US holiday loom
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As supply becomes scarcer, it will be easier for companies to sell dirty debt as green
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Deal seven times subscribed, 90bp wide of same-rated Heineken
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Mandates hit screens later in the day than usual after National Rally’s soaring popularity in France
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European ESG funds saw $16bn of inflows up to June, but a potential new government in France could curtail primary volumes
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Spanish name joins Pirelli and ERG in printing ESG debt