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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
Data
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Continued market strength opens gates for new names -
Sustainability-linked structures are under pressure across asset classes
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Name recognition and two year absence fuelled demand for the unrated corporate
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Lenders are slowly beginning to claw back some safeguards, but many doubt they will get far
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Lacklustre earnings and rising rates put pressure on tight spreads
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