EMEA
-
◆ Swap spread stability enables large $5bn trade ◆ Spread to US Treasuries gets squeezy ◆ Alternative executions considered but not needed -
The company has refinanced and increased its loan by another €100m
-
◆ ‘Decent book’ 5.3 times covers deal ◆ Third govvie to bring a deal in two days ◆ Valuation still tight versus most peers
-
The logistics firm has set the size of its latest sukuk at $1.5bn
-
◆ European and US growth figures released during bookbuilding ◆ Demand proves decent for EDF ◆ Worries bubble up that market is not pricing in risk properly
-
Africa’s first covered bonds could appear in the coming months
-
Government has unveiled a plan to address fiscal problems
-
Saudi bank knocked 50bp off yield thanks to $2.4bn book
-
◆ €5bn of green tap executed quickly ◆ Syndications over for 2025 ◆ Strong green demand confirmed
-
◆ Debut deal from Google owner ◆ Combined peak demand hits €31.5bn ◆ Curve steepens by 3bp during book building
-
◆ TDC Net opens books after marketing last week ◆ Starting spread is widest of any deal for almost a year ◆ Harbour Energy out with junk rated hybrid
-
◆ Hungarian bank brings subordinated debut ◆ Order book allowed 50bp of spread tightening ◆ Absence of senior deals led to 'some surprise'
