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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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Speculative grade deal defies predictions that investors would play it safe
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US inflation print sends Telia’s hybrid deep into red
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Telecoms company sees ample demand for first subordinated notes of the autumn
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Firms must choose: pay up or risk angering investors
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Power group refinances sterling and dollar notes coming up for call
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IG paves way for hybrid issuers who could in turn encourage HY