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◆ Hybrids and Reverse Yankees on offer ◆ Market waiting for Iran's response to US strikes ◆ New issue concessions still in single digits
◆ Hybrids fight for attention alongside SLBs and green bonds ◆ Books remain well subscribed ◆ But pressure is building for market sentiment to sharply turn
◆ SSE brings two tranches to Orange’s one ◆ Both trades see substantial orderbook attrition ◆ Hybrids remain attractive proposition for investors
Deal will fund repayment of previous instrument
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Holdco tranche rated BB- finds good demand after pause -
Europe's new second biggest housing co raises €3.35bn for acquisition
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Tight spreads throw attention on to differences in credit and style
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Hybrid portion of triple trancher squeezes hardest on pricing
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Issuance from across the risk spectrum finds ample demand as buyers snap up deals
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Big commercial bank still building up corporate and investment banking
