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◆ Double-B French telecoms brings IG-style execution ◆ Demand peaks over €2bn ◆ Pipeline looks thin as uncertainty over Middle East conflict looms
Higher rates a stumbling block for issuers that could overshadow strong demand
Deep, liquid US market offers issuers size, attractive cost and investor diversification
Data
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Agency already counts 10% of highly rated callable capital but unlikely to go higher -
Blusterous week in rates enough to wobble, but not topple, strong credit market as banker says volatility was 'net-positive'
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Marcel Grélat will depart after more than 30 years at the bank
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Row of solid trades after rates wobbles sets up next week’s issuance on good footing
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New recruit in Paris will run sustainability for global markets
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