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Universal Music, Alstom and Sanctuary Group among those lining up euro and sterling trades
Increased investor interest in utilities hybrids could bring down subordination premium, says SSE treasurer
◆ Book shrinks as deal pushes tight ◆ Proceeds could refi upcoming call ◆ Senior retail denoms make defining a senior/sub spread tricky
French utilities firm to jump into Aussie dollars with hybrid and senior bonds
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Funding chief hails modest pick-up to issue its first hybrid capital bond -
First outing for Italian company tipped to herald wave of fresh hybrid names
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Hybrid capital issuance in emerging markets is picking up after a quiet few years
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Hybrid issuance had all but disappeared in the last few years from emerging markets
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Big books and negative concessions aplenty as pipeline looks thin
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Lufthansa's low rated hybrid gets less enthusiastic reception than Enel's but still garners ample demand
