GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Hybrid

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◆ TDC Net opens books after marketing last week ◆ Starting spread is widest of any deal for almost a year ◆ Harbour Energy out with junk rated hybrid
AfDB's hybrid is main comparable for pricing CAF's benchmark dollar debut but roadshow feedback also holds key
◆ Pair of deals follow long gap ◆ Eurofins multiple times subscribed despite small size ◆ Stronger market brings riskier deals
◆ First hybrid in almost two months ◆ Unibail will use proceeds to tender its novel exchange deal ◆ Three times subscription before books were reconciled
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