Location

◆ Insurer's first deal for two years ◆ Concession left for investors ◆ Similar €500m senior funding secured with parent company

◆ Second deal after last year's re-entry is bigger ◆ Nomura wants to extend its euro curve after debut TLAC last May ◆ Higher concession seven year tranche lands at same level as last year's fives

◆ Dutch bank's order book three times oversubscribed ◆ 3bp NIP offered ◆ Issuer placed a green senior bail-in last October

◆ Defensive structure for nervous market ◆ Largest book on a busy day for FIG issuance ◆ ABN keeps position of leading bank EuGB issuer

First trade from a LatAm corporate since the outbreak of war in the Middle East

The company's curve has massively outperformed the South African sovereign this month

High market and geopolitical volatility prompt issuers to slow primary issuance plans

Issuers tread carefully as the shortened week begins, with execution still possible at a price

◆ €1.5bn covered is ING's first of 2026 ◆ 5bp of concession ◆ 'Sweet spot' tenor

Six tranche loan attracts record demand

Like Angola's, yields on Sasol bonds have fallen since the Middle East war began

Margins widen as lenders weigh up AI disruption to portfolio companies