Europe
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Equity-linked market participants expect issuance to continue to sputter out sporadically as Schneider Electric prices the biggest convertible bond so far this year in Europe -
European ESG funds saw $16bn of inflows up to June, but a potential new government in France could curtail primary volumes
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Sovereign's new seven year deal and tenor offer followed recent rating upgrades
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Spanish name joins Pirelli and ERG in printing ESG debt
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Issuer to stick to usual pattern with last syndicated benchmark of the year
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Renewable energy company sees four times demand for €500m no grow
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'Good timing' for the sovereign to return to dollars as euro market continues to wobble
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Issuer gets three times oversubscription in a trade that bankers said would hopefully ‘give people confidence’
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Higher rated DSM also has smooth ride, as corporate market continues to pump out solid trades
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◆ Small premium needed to reopen the market ◆ June supply approaches record low ◆ More deals set to follow
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Euro and dollar SSA supply set to pick up from Tuesday
