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◆ UK tobacco company sells larger than expected €1.2bn dual trancher ◆ Final demand strong despite tighter yields ◆ Sub/senior gap set in the low-100bp area
International Court of Justice ruling clarifies World Bank Group's obligations
Parliament is deadlocked on changes to CSRD, while simplifying ESRS moves ahead
◆ Some investors pass over ESG but other factors prove a lure ◆ Orderbook more than three times deal size at peak ◆ Attrition as spread tightened
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Mid-cap equity-linked issuance to grow
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Canadian banks have high fossil fuel financing and are heavily used as repo collateral
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High emitters' bonds to be assigned lower value as collateral
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Measuring climate risk for repo haircuts will have no direct effect, but sends a message
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Skipping Taxonomy was wise, but reporting and planning regulations must be world-leading
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◆ UK rule change cheers covered bonds... ◆ ... as it shelves Taxonomy plans amid wider transition shift ◆ Digital markets: what makes a swap smart