Europe
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◆ More esoteric corporates head to euros ◆ London Power Networks makes euro debut ◆ Lagardère garners average demand despite eye-catching spread -
◆ Philip Morris flattens short end curve by 7bp ◆ EssilorLuxottica lands with single digit concession ◆ Wesfarmers increases deal size
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Embattled water utility was recently found accountable for breaches in wastewater operations and dividend payments
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Estonian bank is paying no concession, thought one observer
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Company is committed to keeping its investment grade balance sheet
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◆ Crédit Agricole aims for 5.5 years, SR-Boligkreditt goes for fives ◆ The belly home to the greatest demand ◆ Paid land tight to peers and own curves
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The fund also added a green element to its revolver
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German lender plans rare 20 year deal
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◆ Both borrowers comfortably oversubscribed ◆ Deals tightened above the 37bp average ◆ Little fatigue seen after a bumper May
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The bank printed Estonia's first ever international AT1 in February
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June could be very busy as borrowers come early to exploit good conditions
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Despite the latest legal development being ostensibly market pleasing, many feel little reason for cheer
