Europe
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French agency capitalises on rare capital market visit -
Sovereign issuer passed ‘real test for investors appetite’ after returning to IG ratings status
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Valuation mismatch between issuer and investors prompted the decision to cancel the IPO
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A rare block in Argan raised €150m on Tuesday night
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Market is recovering, but still fragile, and investors want to know what other kinds of account are in the deal
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Clamour for 20 year deals still loud, despite uncertainty about speed of rate cuts
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The long eight year tenor appealed to all sorts of investors, who pledged almost €2.6bn of orders
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Strong duration bid saw larger-than-usual tightening and skinny concession for long-dated tap
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New FIG coverage chief for Spain and Portugal to build Natixis Iberia business
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TBC Bank guides for AT1, Ziraat mandates for T2
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Mitsubishi HC brings FIG floating fun to corporate market
