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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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Hybrid deals remain challenging sale for issuers
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Toll road company tightens 50bp and sees ample demand
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Bigger book for senior tranche of debut, but borrower manages to increase size of deal
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BP hybrid sees one of the smallest books of the week
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IDB’s $1bn risk transfer expected to encourage other MDBs
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Informa, Würth, Royal FrieslandCampina and Shurgard slot into day of lesser followed names