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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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Lower pricing across CLO capital structure does little to improve equity arbitrage
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Disney joins tech giant with first dollar deal in over five years
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◆ T-Mobile sees strongest pull in 12 year tranche ◆ W. P. Carey brings no-grow €1bn dual trancher ◆ Ford raises €1.5bn split across two lines
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Commerzbank reshuffles leadership in Germany amid loan build-up
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Recruitments in sales and origination are separate but intended to build debt franchise
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◆ Portuguese utility firm powers up EuGB curve ◆ Sub-benchmark trade's book proves sticky ◆ Deal lands through fair value
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