Issues

◆ Investors gulp down Heineken's second euro deal in two months ◆ Slim premiums needed ◆ Books fall as LSEG and OMV price tight

◆ Second euro outing for Alphabet after April debut ◆ Spread tightened sharply across tranches ◆ Colgate brings €650m trade

◆ ING's €1bn deal top €3.4bn in orders ◆ Bank of Ireland prints tightest Irish senior since 2021 ◆ 'Very little NIP' on either trade

◆ French bank's insurance arm is a very rare issuer in the open market ◆ New RT1 is a public deal but done as a 'restricted placement' ◆ Refinances a call on €1bn tier one from 11 years ago

The recent high profile bankruptcies of Tricolor and First Brands have cast an uncomfortable spotlight on the private credit market. For commentators and investors alike, these events trigger a familiar debate.

Shares priced at lower end of range in valuation surprise

◆ Pause clauses could add to disaster arsenal ◆ KfW CEO Stefan Wintels on bond digitisation ◆ What ESG backlash? Banks ramp up green bond issuance

UK bank trio stands out in heavy Yankee onslaught either side of Fed meeting

Wholesale and retail CBDCs are moving forward in EU and UK, but there is more push-back on retail version

Issuers crowd into dollar market before Fed rate cut

Foreigners' love of Swiss francs presents an unlikely opening for overseas borrowers

ESG deals show there is more to labels than just saving on spread