Europe
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Investors gobble up green deal despite it being more expensive than shorter debt from same issuer -
Air France-KLM is raising €2.25bn to repay state aid
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Southern European issuer has simple time in the market despite money tightening fears
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Insurer pair turn to sub debt to finance upcoming redemptions and tenders
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BGK continues CEE issuance but only investment grade names have tested the water in the past week
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Some investors are waiting for covered bond spreads to widen before jumping into the primary market
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More liquid Latvia to be used as pricing comparable for Lithuania
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Investor plans to move cash into private early-stage growth companies
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Austria to debut in green bond market, while Italy faces pricing into widening spreads
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Insurance tier two deals have struggled to print in this year's volatile market
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A licence allowing Russia to pay foreign investors will likely expire at the end of the week
