Italy

◆ Deal execution is ‘exemplary of the current market’ ◆ Demand drops by around €2.4bn from peak to landing, yet clears 10bp inside fair value ◆ Issuer reduces cost with bullet and counts SP bonds towards MREL

SLB-only issuer defends against wider investor complaints about small penalties for missing targets

Constant inflows help Coca-Cola HBC, Ren and Enel snap spreads in during bookbuilding

◆ Deal ends with the largest book for a BPER senior trade GlobalCapital has tracked in recent years ◆ Pricing is flat if not inside FV ◆ Green deal sends encouraging signals to the periphery's other less frequent issuers

Italian gas group wins big book for debut green tranche

Five IPOs from the region on top of Puig and Golden Goose expected in the first half of the year

Italian company is latest in a string of deals to get glowing reception from deal starved market

Joint Lander #64 and Eurofima take euros while EBRD goes for sterling

Finanzagentur offers 2bp premium for investors with a 5bp concession for Greece

Enagas and Iren tighten hard, as fears over Taiwan election fail to materialise

Italian bank hopes to build on compatriots' recent success

Immense order books break records as issuers, investors take full advantage