Europe

The Swedish real estate sector has felt the pressure of rising borrowing costs

Metro launches in line with initial price thoughts amid rising concessions

Investors pile into 12 year as excitement continues to drain from ultra-long bonds

Romania seeks to capitalise on the success of Hidroelectrica’s IPO last year

Trickier structure draws in crowd starved of deals

UK warehouse Reit increases deal to raise growth capital after ‘anchor size’ orders

◆ Senior arrives a week after €5bn book for covered deal ◆ Latest orders land at €1.4bn ◆ Rival bankers say smaller book down to smart execution, not saturation

Two syndications have landed the sovereign €16bn with just one more trade left to do

Deal pile up means days of 40bp tightening during bookbuilding could be over for now

◆ Deal execution is ‘exemplary of the current market’ ◆ Demand drops by around €2.4bn from peak to landing, yet clears 10bp inside fair value ◆ Issuer reduces cost with bullet and counts SP bonds towards MREL

Debut €500m five year deal spotted up to 7bp through reoffer in the grey market

Sharp spread tightening still possible despite slew of trades lining up