Europe

◆ First deal to release IPTs on busy day ◆ MPS M&A bid had 'no impact' on deal, says lead ◆ Priced flat to fair value

◆ Yield hunters send Orange's book ballooning ◆ Deal lands through fair value ◆ Corporate hybrid supply doubles year-on-year

◆ Fragile US-Iran peace gives risk assets an excuse to rally ◆ Canaries debuts amid clash over Spanish regionals' run ◆ Dollars run dry as borrowers eye late June pre-funding, summer lull

◆ Largest AT1 coverage ratio of the year ◆ Small deal attracts attention on busy day ◆ Negative new issue concession debated

◆Highest rated FIG bail-in paper in euros ◆ Prices level with Nordic peer ◆ Premium paid

French company diversifies funding after inaugural dollar deal last year

Large auctions, new 30 year and ‘two-lens' pricing approach among key expectations for bloc’s July-December funding

◆ Heathrow and ADP offer concessions for longer dated trades ◆ Investors 'more selective' and 'want to be compensated' past 7 years, says banker ◆ Avinor's state-owned status helps it land through fair value

◆ Euros over dollars for Sweden's only international deal of 2026 ◆ Pricing inside KfW, good pick-up over ESTR ◆ Greece brings €3bn 10 year tap

◆ Fair value estimated ◆ 'No fatigue' despite ongoing supply ◆ Increasing international investor base

◆ Big move for AkzoNobel, three months after last trade struggled ◆ Orders peak near nine times the deal size ◆ Deal comes through fair value

Issuer has now completed dollar funding for the year, three euro deals planned for post-summer