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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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◆ Pair of deals follow long gap ◆ Eurofins multiple times subscribed despite small size ◆ Stronger market brings riskier deals
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TAG Immobilien issues convertible bond
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Five-part Matterhorn is biggest ever Swissie from a US corporate
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Block in Azelis was five times oversubscribed and increased
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Belgian pharmaceutical company has made three acquisitions this year
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United Utilities and Edenred came far through fair value