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The US tech giant kickstarted what could be a deluge of debt issuance from the largest US tech firms
◆ Junior note lands tight to Class As ◆ No concession needed ◆ Lack of sterling supply allows for tight pricing
◆ Peak book the largest for an IG corporate in sterling since early November ◆ Issuer takes size at a tight spread ◆ Wide range of fair values spotted
◆ Spanish entity hits market with tight, opportunistic trade ◆ Some attrition as deal priced through inflection point ◆ Trade lands through fair value
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KPN, Stedin Holding among issuers sail through while other markets stuttering
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Shock election? What shock election? French power giant drums up more than €12bn in orders
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UK non-profit issues chunky bond after weekend of political upset in Europe
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Spate of jumbo trades and crowded days for issuance more than doubles average new issue premium
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Chocolatier garners €2.1bn of orders for five year deal
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Lenders and investors say a new approach to what 'ESG friendly' means is needed