France
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Variety of corporate bonds in the works but volume expected to slow sharply
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France's IPO market has been in a deep freeze for all of this year
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Issuer’s debut green bond in the currency lands through euro curve
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◆ SocGen stands out with its first bond outing after new strategy revealed ◆ Debt investors show better welcome for the €2.5bn dual trancher than equity markets ◆ Crédit Mutuel Arkéa completes €500m tight print
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The software company has launched the biggest listing in France for almost two years
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Retail holdco sees solid demand, but spread started in 300s
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Investors turn up for triple-B rated debt from out of favour sector
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Solid market conditions help corporate borrowers print close to curves
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Telecoms company prices through conventional curve as interest in SLBs picks up
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Concessions in the teens and big book showed investors were unworried about falling demand for expensive goods
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Jumbo M&A related financing is one of the biggest trades of 2023
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◆ Investors flock to first dollar AT1 for five months ◆ Positive response to new equity conversion structure ◆ More supply to come but no 'deluge'