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Relief at absence of full scale panic is clouding equity investors’ judgement
Trading lifted results at Barclays, Deutsche Bank and UBS but corporate finance goals will be harder
A2A and Europcar have both had to pay step-up coupons on sustainability-linked bonds — more could follow in coming months
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◆ Australia’s biggest supermarket chain over six times subscribed ◆ Trade started marketing well wide of fair value ◆ Market still trying to find spread levels after chaos last week -
◆ US firm picks euros to refi dollars ◆ Investors see whipsawing arbitrage between currencies ◆ General Mills deploys bookbuilding tactics designed to sooth investors
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◆ Short week starts on stronger footing ◆ Gasunie lands with single digit new issue concession ◆ But high order book attrition is on display
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Ex-Credit Suisse banker joined Ares in 2023
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When it seems as if it is only short-term survival that matters, the best bankers don’t lose sight of the distant horizon
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Three headed to market on Thursday
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