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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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Néstle goes long, Enel brings subordinated debt to launch the corporate market's year
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Hybrid bonds are rare in the Gulf and even harder to find in Africa
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The decompression trade between high grade and high yield credit is far from guaranteed to pay off
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High beta corporate credit's resilience amid French state debacle shows strength of technicals in latest BofA investor survey
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Hybrids are growing in the US after Moody's criteria change
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Deal subscription levels shoot up as volume collapses, data shows