Europe
-
◆ First EGB syndication in three weeks breezes through primary ◆ Sovereign rides recent upgrade momentum ◆ Quick execution, measured pricing and sizing approach -
PSHypo’s spreads near unchanged to pre-‘liberation day’ levels
-
◆ Volatility causes spread losses ◆ Issuer ‘flirted’ with intraday execution ◆ Level ropes in $2.35bn book
-
Tool hire company sees significant opportunity coming to the sector from government support
-
Investors expected deals on Wednesday after Woolworths’ chunky demand
-
One of the first facilities from sector heading for boom after Germany announced big spending plans
-
First EGB syndication and first dollar SSA bond after tariff mayhem put investor demand to test
-
◆ Short week starts on stronger footing ◆ Gasunie lands with single digit new issue concession ◆ But high order book attrition is on display
-
Ex-Credit Suisse banker joined Ares in 2023
-
◆ Book holds firm throughout pricing ◆ Recent comps lead to different fair value assessments ◆ 3% coupon appeals to high quality investors
-
◆ A new social bond issuer is born ◆ Agency opts for domestic currency for debut, keen to print again ◆ First Swedish SSA with a social use of proceeds bond
-
◆ Third Länder trade priced in turbulent week ◆ Encouraging deals show ‘there are clearly windows’ ◆ What next week looks like
