Issues
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Dealers are long of the same deals which are better offered in euros -
Borrower follows CPPIB into the market to net $1.5bn
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Pipeline empties, but market participants say that’s no bad thing
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The failure of SVB and CS were a prelude to a wider credit meltdown
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Borrowers could be tempted to follow but would need to move this week
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The US middle market advisory boutique has hired a senior ECM banker as co-head of capital markets and head of ECM
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Sovereign maintains its plan to make its green debut in mid-2024
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The practice is more common in other markets, but appetite has waned in recent years
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Hire will replace Christian Sagerer who recently joined Société Générale as head of global markets for Germany and Austria
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Both find warm response, despite coming straight after French holiday
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◆ Dual tranche trade attracts over €5bn of orders ◆ 'Generous' spread fuels demand ◆ Other household names could tap quiet market before late August rush
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German issuer has raised more than €60bn in 2023, with €25bn left to come
