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◆ Whopping demand for Danish logistics group ◆ Deal lands comfortably inside fair value ◆ Green label helps execution
Europe must get to grips with ballooning non-bank financial system
◆ UK telco 30NC6.6 and 30NC9.6 hybrids ◆ Peak orders more than 6.2 times the total deal size ◆ Spreads tighten 50bp on both legs
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◆ Order book lifts size to €600m ◆ Deal lands flat to fair value ◆ US credits enjoy brisk summer sales in Europe -
Better read on secondaries would help syndicates price bonds
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Issuers pile in to market near multi-year tights
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Lull in issuance imminent but searing hot market could entice more borrowers before party ends
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Strong corporate demand bodes well for the rest of the credit market
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