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Tight spreads keep Middle East borrowers in bond market, and away from loans
Only a handful of names tapped the market ahead of Independence Day
Yield-hungry investors and global issuers return could broaden sterling supply in H2
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◆ Deal spans euros, sterling and dollars ◆ Wide range of US TMT comps used ◆ Slim premiums needed for euro tranches
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◆ Telecoms firm takes €1.5bn ◆ Some premium needed at the long end ◆ Demand highest for shortest tranche
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◆ Japanese firm guides debut euro deal tight ◆ Endeavour attracts strong demand ◆ Sales follow multi-day marketing exercises
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Geopolitics takes a back seat as earnings season weighs on euro corporate supply
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Attractive spreads available as Air Liquide lines up Swiss franc debut
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Demand to invest in the low carbon transition is growing fast, but strategies are very diverse
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