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◆ Scottish government bonds near ◆ CLOs and private credit ◆ Corporate hybrid debt reaches new tights
New record low spread gap between senior and hybrid bonds
The US tech giant kickstarted what could be a deluge of debt issuance from the largest US tech firms
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Global investors are turning to European private credit
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◆ UK issuer looks for funding in euros ◆ Demand peaks above €4.3bn ◆ Orderbook attrition returns as spread tightened
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◆ Terna sets new senior/sub spread record ◆ Aroundtown lands flat to secondary ◆ Investors are hungry for high yielding paper
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◆ Telefónica started 25bp tighter despite lower rating ◆ Both deals increased on bulging demand ◆ Spreads land close to fair value
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Northern Ireland issuer plans to visit the long end
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Investors proved eager to pick up the first CEE corporate bond in euros of 2026
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