Location
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◆ No attrition on insurance arm's €500m no-grow 2036 deal ◆ Ample demand from buy-and-hold accounts ◆ 'So much cash available' despite US-Iran peace deal failure
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◆ Real estate firm takes £400m on second outing ◆ Single digit concession needed ◆ Elevated sterling yields putting off potential issuers
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◆ Spreads on all three legs tightened by 30bp ◆ Short end leads demand ◆ Deal follows BMW's outing in January
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Édouard Sauce had been with the firm for almost a decade
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Belgium and two European agencies also mandated, even as the US and Iran failed to reach a peace deal
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◆ Amazon preparing six tranches in Swiss francs ◆ Alphabet preps first yen bond ◆ Rising capex driving hyperscalers into new funding lanes
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The trade is the first from a 'mid-tier' Uzbek lender
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The dollar market is offering cheaper funding at the shorter end
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◆ Food group issues euros to finance dollar tender ◆ Low single digit concession offered ◆ Dairy firm Arla preps euro debut
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Heavy issuance met firm demand, though investors are growing more selective
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FIG borrowers flood dollar markets as Westpac's SEC exit strategy pays off
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‘Whole curve open’ for SSA issuers but seven year point stands out as ‘interesting’ spot amid euro curve shape shift