Euro

Equinix furore contained as others print without hassle

◆ Rival bankers said it was ‘bad luck’ and did not reflect broader market sentiment ◆ News that US authorities opposed RBI purchase in Austrian construction company Strabag emerged during pricing

Deal was oversubscribed with €110m of lead manager orders

US data centre had set size on €500m bond when Hindenburg Research report forced cancellation

After widening earlier this year, covered spreads are coming in

Latest Primary Market Monitor data examines issuance trends in February and March

AB-InBev and Statkraft head to far reaches of their curves

◆ Order book size raises questions over buyers' pause ◆ RBI and NBG ‘two to watch’ ◆ Austria's RBI missed previous calls on outstanding AT1

◆ FIG trio raises €1.4bn amid softer backdrop ◆ Market still looks better than a fortnight ago despite drop-off ◆ Icelandic banks reprice their 'anomalous' secondaries

Illiquid secondaries for older deals led the syndicate to look at recent Dutch supply instead

In the land of the too-busy, the non-deal roadshow is king

The long-end deal is judged to have paid 1bp-3bp new issue premium