EMEA
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Four tranche deal could raise at least €2bn
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◆ No book update for €500m no-grow deal ◆ Surprising lack of demand for defensive trade ◆ Investors continue to cherry pick in big week for supply
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Sovereign curve has rallied since Orban left after 16 years in power, but Hungary is in a fiscal hole
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Demand hefty, despite being Pekao's second tier two in less than a year
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Fixed price of €10 a share implies market cap of €1.01bn
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◆ Clean-up calls set to change how banks manage senior debt ◆ The Bank of England's SSA bond booster ◆ What is behind booming corporate bond issuance in sterling
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Private equity firm sells remaining stake 12 years after founding London-listed company
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Supra bond shows size is available in Swiss francs for digital deals
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Tight spreads keep Middle East borrowers in bond market, and away from loans
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Franco-German tank manufacturer said it would wait until market conditions stabilised
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Strong demand with book covered shortly after launch, says banker close to trade
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Yield-hungry investors and global issuers return could broaden sterling supply in H2