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High yields are keeping investors interested for now
Restructuring of €316m deal from 2021 is likely
Spreads widen after string of surprise jumbo tech trades
Data
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Deal by Singapore’s ST Telemedia shows KPI-linked sub debt can work -
Banks willing to accommodate utilities and commodities firms helped by cycle, but others are out of favour
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US inflation disappointment did not deter issuers
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Vonovia and Traton attract whopping order books for their first deals in the currency, leading to hopes of more new issuers
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Debut in sterling wins whopping £3.25bn final book
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Veteran leaves the Swiss bank where he headed syndication and sustainable banking in Europe
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