Top Section/Ad
Top Section/Ad
Most recent
◆ General Mills debuts €1.7bn Reverse Yankee hybrids ◆ Engie raises €2.06bn-equivalent across euros and sterling ◆ Sub/senior spreads stay modest on Engie's euro tranches
The US dollar market buoyant this week despite escalating hostilities in the Middle East
Corporate and unsecured financial issuance unlikely to restart in earnest as yields climb
◆ New paper subordinated to existing hybrid stack ◆ Investors keen to pick up high yielding deal ◆ Deal seen as a sign of commitment to hybrid capital
More articles/Ad
More articles/Ad
More articles
-
Concessions climb as Middle East war rocks sentiment and Amazon redefines clearing levels -
◆ Deal only the second ever Kangaroo hybrid ◆ Concession offered on all three tranches ◆ Verizon increasingly looking abroad for hybrid funding
-
◆ Two tranches in euros and one in sterling ◆ Combined peak books top €19bn ◆ Investors paid up with chunky sub/senior spreads
-
Elevated NIPs not to be uniform, with some sectors set to pay more than others
-
◆ Deal is the fourth EuGB labelled hybrid ◆ Issuer punches through fair value... ◆ ...and gets its tightest senior/sub spread
-
◆ Energy pair bring three tranches ◆ Sub-100bp senior/hybrid spreads secured ◆ Single digit concessions offered
