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Sfr4.9bn trade is largest European ECM deal since National Grid’s £7bn rights issue in 2024
Offer came as markets recovered and volatility fell
Abbott Laboratories plundered $20bn as it led a trio of drug companies which printed jumbo bonds as a deluge of supply in the dollar market ensured a red-hot end to the month.
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After the listings in February delivered, Galderma adds fuel to the European IPO recovery -
Long delayed listing of Nestlé's former skincare division is finally underway
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LivaNova and MicroStrategy ride US tech convertible wave as maturity wall pushes issuers to refinance
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Bankers hopeful more supply will follow, but no pipeline forthcoming
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The strong market conditions are tempting cash rich issuers
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Three borrowers head to euros to fund M&A activity
