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Talk of de-dollarisation has evaporated. The dollar market remains the undisputed king of financing
CrediaBank equity raising closes early, first Cirsa block trade launched
Ferrero International markets €300m deal
Data
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◆ Electric utilities back in size as primary reopens ◆ Strong books despite tight prints ◆ EDP joins the EuGB cohort -
There have been big changes in Citi's DCM teams in 2025
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Issuer blazes through smoking hot market ◆ Deal prices through fair value ◆ Spread to senior curve 20bp inside year's other tight trades
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◆ Scottish utility prints eight year green bond ◆ Order book peaks at more than three times covered ◆ Small new issue premium paid
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◆ French issuer prints two year floater and four, 6.5 and 12 year bonds ◆ Peak demand tops €11bn across the four tranches ◆ 12 year bond attracts the largest final book
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◆ Asia Pacific pair tick investor boxes ◆ Solid demand despite tight spreads ◆ Premiums vanish in euros
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