Europe
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Rishi Sunak’s arrival in Downing Street has ended weeks of turmoil in UK financial markets -
Tumbling cash prices mean corporate issuers need to sweeten the spread for new deals
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Credit Suisse has courted Saudi investors to fund its restructuring plan but all hinges on shareholder vote
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French firm latest to bring dual tranche euro benchmark trade
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Norwegian bank has ample capital though that ratio may fall if regulator allows AT1 and tier two to be counted towards Pillar 2R requirements
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Building society upgraded while other UK financial institutions placed on negative watch
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New funding entities could help Italy but benefit will be magnified with tighter spreads
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Commodity trader refinances ESG-linked Asian facilities, enters Germany’s untied loan programme
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Issuer finds little trouble in sterling on day Sunak becomes prime minister
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Distiller drums up more than four times demand for €1.1bn dual tranche SLB
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Senior bond flies, notching tightest spread and concession for weeks
