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◆ Munich-based firm prints €2.3bn ◆ Autos start 2026 with strong demand ◆ Deal solid despite equity weakness
◆ Media firm last issued in October ◆ Tariff talk impacts choice of window ◆ Deal finds strong demand and price move
Established names are expected to lead in a market that will require higher concessions
◆ Airport operator lands second deal ◆ Higher yields driving higher demand ◆ Investors looking for yield over spread at longer tenors
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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
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Light opportunistic dusting expected, but prohibitive pricing to put off non-sterling funders
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◆ Praemia refis at a tighter coupon ◆ Schneider lands tight at the short end ◆ Minimal concessions needed
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More supply is set to come during the busiest November on record
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◆ Single digit premiums offered ◆ Reverse Yankees dominating euro supply ◆ Floaters proving popular with multi-tranche issuers
