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◆ Second public euro deal for Volvo this year ◆ Demand stays firm through pricing ◆ Small new issue premium spotted
◆ First hybrid from Belgian utility since 2023 ◆ Size rises by €400m from benchmark ◆ Final book shrinks sharply by allocations
Former investment banker has been CFO of Verbund
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Loans slip back to 'reserve' corporate funding option as bonds recover
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Issuer pays double digit concession for a €500m note in wake of BASF's shocker a day earlier
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New strategy will target tickets of more than $500m after banks retreat from sponsor-backed LBOs
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Investors shrug at three tranche deal despite BASF forecast improvement
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Utilities provider offered 10bp of steepness to counter flat interest rate curve
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