Issues

Company predicts €1.6bn net loss in FY2024 due to write-downs

Strong performance of recent Gulf capital deals bodes well for the upcoming sale

Now 75% funded for this year, the agency is planning another benchmark for after the summer

◆ Mercedes-Benz continues corporate sterling run ◆ Small orderbook after lead interest discounted ◆ 2030 bond lands inside the company's 2028 notes

Senior management simplified

Some borrowers are taking a break but others are taking it seriously

Bank is cutting 230 MDs and directors globally

◆ Positive market backdrop for larger and smaller issuers ◆ Canadian bank taps favourable euro funding at similar level to the US market ◆ Smaller Italian lender Sella crunches spread from a year ago

Cornerstone investors agree to cover 77% of the Saudi utility's deal

◆ Largest ESG book for the issuer ◆ Skinny pick-up to EIB ◆ Proof again for 'exceptionally strong' market

Flooring company's bespoke 'super senior funding' was done away from the syndicated loan market

◆ €250m deal went better than expected ◆ Spread to KfW key to pricing ◆ Land NRW sustainability next