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◆ Norwegian issuer returns to hybrid market after 2023 debut ◆ Issuer slashes spread by 62.5bp ◆ €5bn peak book drives pricing through fair value
Public pension schemes have sold shares in coal, oil and gas companies but are still funding expansion of the gas industry through infrastructure funds
◆ Peak demand tops 10.6 times the deal size ◆ Orders stay glued in after sharp tightening ◆ Issuer tenders outstanding hybrids alongside new bond
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Investors turn up for triple-B rated debt from out of favour sector
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Issuer lands mid-teens new issue concession in short end outing
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Danaher spin-off water company plants its flag in the euro market
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Sterling corporate bond issuance is on a roll
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Solid market conditions help corporate borrowers print close to curves
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Financial problems are widespread in local government, and set to grow
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