Mizuho

AT&T racked up a monster order book on Thursday, as the US telecoms giant hit the market with a $22.5bn M&A financing.

Forecasts that Europe’s corporate bond market would be all but closed for the summer this week were belied by Unilever on Monday when it launched its biggest-ever euro bond and took some of the tightest corporate pricing ever.

Mizuho Securities said on Monday that it plans to establish a new subsidiary in Frankfurt to carry on EU securities business following the UK's departure from the bloc.

Kroger and Alimentation Couche-Tard led a flurry of issuance by dollar borrowers to exploit red hot demand for high grade paper. With the bulk of corporate America in earnings blackout, the retailers demonstrated the strength of investor sentiment.

Asian Development Bank added a A$60m ($47.7m) clip to its 15 year Australian dollar bond on Wednesday, as demand grows for Kangaroo paper beyond 10 years.

Castle Peak Power Company added to Asia's growing green bond supply this week, raising $500m from its debut in the international debt market.

Asian green bonds are front and centre this week. Greenko Energy Holdings took the lead with its dollar bond on Monday, with Singapore’s DBS Group Holdings and Hong Kong’s Castle Peak Power Company rolling out their transactions on Tuesday.

Midstream energy company Oneok made a convincing return to the dollar market on Thursday with its first investment grade deal in two years.

Saka Energi Indonesia, the upstream oil and gas arm of state-owned Perusahaan Gas Negara, is back in the loan market for a $200m-$300m deal with a bigger top group when compared with its previous borrowing.

Telekom Austria took advantage of little competing supply on Monday to tap its December 2026 issue. Investors liked the €250m no-grow deal enough for it to command a single digit new issue premium.

A special purpose vehicle under India’s Greenko Energy Holdings is ready to market a dollar green bond, while Hong Kong’s Castle Peak Power Company is looking to sell what it is calling an energy transition bond.

The engines of sterling high yield issuance sound louder every week, with luxury carmaker McLaren and RAC Insurance adding supply to the already burgeoning sterling high yield bond market.