EMEA
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Possible fundamental changes to troubled UK water industry to send a chill through bond market -
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Borrower follows Engie in getting big book for a sterling deal this week
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Protein shake maker opens above the offer price in conditional dealings on Thursday, after float backed by four cornerstones
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◆ Deal priced at same spread as Baden-Württemberg ◆ Pricing in high-20s versus swaps is new reality ◆ Länder spreads versus KfW remain intact
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New facility double the size of deal being refinanced
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Financial borrower pushes close to fair value as investors flock to five year note
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Irish cladding company drums up €3bn of orders weeks after Grenfell Inquiry calls company 'dishonest'
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Over half of deal was spoken for at launch
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Up to $221bn of external funding could flow from the region's banks
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◆ Deal's reception 'exceeded all expectations' ◆ Final €2.75bn book a large one for Länder sector ◆ Curves of other German states and KfW referenced
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Borrower swaps £450m facility with £500m deal
