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◆ Fresenius, Danone and Proximus benchmarks shake off tariff turmoil ◆ Range of new issue concessions needed ◆ High orderbook attrition for those pushing hard on spread
Bank facility joins bonds in euros and Swiss francs
At €805m, IPO is largest in Europe this year
◆ Pair of deals follow long gap ◆ Eurofins multiple times subscribed despite small size ◆ Stronger market brings riskier deals
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Rates settle after yields plunged on Friday but uncertainty bubbles up -
High yield hit worst in emerging market bonds sell-off
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Central bank changes in Mexico also ‘unhelpful’ for supply
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Equity markets suffered a major selloff on Friday following the emergence of a new Covid-19 variant in Southern Africa
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UK bans flights to parts of Southern Africa as alarms raised over mutated variant
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Red-eyes to Latin America are back, but opinions differ over how much business travel will return
