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Margins widen as lenders weigh up AI disruption to portfolio companies
◆ Proceeds used to fund buyout of Coca-Cola Beverages Africa ◆ Colonial adds €500m green deal ◆ SIG and Henkel brave an ‘unusual’ Friday window
US snack giant prints Sfr850m in three tranches after a decade away
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Integrating banking and securities units intended to support growth
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More convertibles expected after strong fund performance
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◆ Peak demand reaches €11.5bn ◆ Longer call tightened harder than the short tranche ◆ Both tranches priced close to fair value
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◆ Deal attracts €5.5bn of orders ◆ Big book enables issuer to take size ◆ Price included minimal concession
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Rate increases could be closer than you think
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