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◆ Deal attracts highest bid-to-cover ratio of the year so far ◆ Extensive marketing helps fuel demand ◆ Pinpointing fair value tricky
◆ First Reverse Yankee hybrid of 2026 ◆ €7bn peak book for euro tranche ◆ US issuers increase European market presence
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The way banks do compliance training makes them riskier, not safer
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Bigger book for senior tranche of debut, but borrower manages to increase size of deal
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Twenty year tranche well received, but triple trancher's shortest end tightens the most
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Snam, Worldline and Gelf ready deals as European IG corporate market surprises with busy activity
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M&A refinancing wins more than €11bn of orders and tightens by 50bp
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South East Water now balanced one notch above junk status
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