Europe
-
Swedish company adds to spate of subordinated corporate debt sales this month -
Budget uncertainty and concerns on the government’s future cloud French agency market
-
Company made its first foray into sterling bonds last week
-
Hybrids find it hard to consistently hit the target as senior/subordinated spread shrinks
-
Better book than last sell-down with new long-only institutions coming into the stock while others add to positions
-
Sectors in peril while others restructure debt — welcome to the new normal
-
Hybrid deals remain challenging sale for issuers
-
◆ Large book for small tap ◆ Flight to safety helps swap spreads ◆ L-Bank grabs $1.25bn
-
Cable company goes big on short tranche in M&A related trade
-
-
◆ 'Investors seem to be buying' in euros ◆ Institutional community's tap tightened 4bp ◆ Deal’s coverage ratio was issuer's highest this year
-
New lenders joined the $2.27bn-equivalent sustainability-linked deal at all levels
