Europe
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Super-tight pricings continue but issuers shy away from long end
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… as long as it’s for the right price
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Rise of mRNA technology was a gamechanger for the sector, says analyst
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Electricity transmission operator expands loan before switching to bond opportunities
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Dutch issuer’s success suggests long term investors are looking to add riskier debt
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The issuer launches a long-end deal that beat expectations
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Pricing on the 10 year tranche was ‘very close to, if not at, fair value’
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The $500m SLL follows two loans backed by German agency
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The €2.7bn promissory note was increased from €500m target
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Issuer prices deal with 2bp-3bp of concession but views divided on fair value
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A lacklustre earnings season and competition from other markets could see spreads bounce wider
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German lender’s spreads expected to tighten thanks to its strong underlying credit quality