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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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New role was created by reorganisation in spring
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Changes follow arrivals of Raghavan and Mangla from JP Morgan
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IG corporate buyers awash with cash on the lookout for opportunistic euro trades
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Trio of green Swiss franc trades supported by ESG demand
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More Friday deals a possibility as volumes are expected to pick up after the US election
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Embattled water company already has £1.5bn backstopped as it fights for its future
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