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◆ 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
Offshore issuance in the currency running at nearly double last year’s pace
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London's airport is the third foreign corporate to tap the Swiss market this week
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Banking borrower does not get same boisterous demand as other recent automotive deals
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Ratings downgrade follows S&P's, puts company on verge of technical default
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Billions fall out of Stellantis's book after tightening by 40bp during bookbuilding
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Equinix, Otis and Zimmer take €2.7bn between them
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Bulging books and big spread moves order of the day for issuers including VWFS, GlaxoSmithKlein