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◆ Why emerging market issuers are doing less in dollars ◆ Republic of Congo located between rock and hard place ◆ The GlobalCapital Podcast was brought to you by the numbers 17, 100 and the whole Alphabet
This week's flurry of deals takes year to date volume beyond £8bn
The AI race is pushing hyperscalers to hunt for cash to fund rising capex needs, and they are coming to Switzerland
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◆ A3 rated name opens wider than BBB euro debutant Galderma ◆ Rewarded with big, sticky book ◆ Attrition still clear in other trades
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◆ Borrowers pile into the market…◆ …but almost all only for small benchmark sizes ◆ Concessions still small as high demand battles low supply
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WFE study finds average gap of 2.5 years between carbon removal and credit issuance
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◆ Deal starved sterling investors pile into Wessex Water ◆ Final demand of £2.45bn ◆ First sterling deal this year from UK wastewater
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◆ Borrowers keep an eye on headline risk ◆ But trades land inside fair value ◆ Manchester Airport has blow-out debut
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◆ Sterling still open for business ◆ Slight preference for longer tranche ◆ Wessex Water next up
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