Currencies
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Fast food company sees even demand for its seven and 12 year deal
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Shorter dated senior debt is better selling, though investors are also showing appetite for the belly of the curve at 20bp NIP
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UK lender crosses the Atlantic for first subordinated deal of the year
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Wind-down of central bank Covid schemes prompts bank issuers to revisit old friends
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Rare visitor prioritised size over price on its latest Swiss franc visit
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Issuers must move quickly as spreads in Europe are tipped to widen
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The £1.5bn deal is on track to be priced with 12.5bp-25bp of new issue premium
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Deals will offer sharply different spreads but both expected to find strong demand
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Investors eager to lock in 'interesting yield' for Italy's national champion
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Government proxy EGW landed its 20 year note 2bp through fair value
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UK pharma latest high rated company to hit the euro market this week
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Rising dollar funding costs for European banks and the Libor transition drive up margins