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Suspension of Council of Ethics lays bare difficult choices
Issuer sees use-of-proceeds label as 'perfect tool' to beef up its support to defence sector
Partnership blends exposure to CLOs and CLO ETFs
◆ 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
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Case against power company dismissed but NGOs believe precedent for action has been established
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◆ Mining firm's biggest euro deal since 2020 ◆ Premium appears negligible ◆ Other challenging names could follow
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Governments, companies and investors pass the ball on responsibility
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Dedicated EM impact investing is still at small scale
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Italgas shareholders approve €1bn rights issue
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◆ Quick into market after Trump pauses tariffs ◆ Lands close to fair value ◆ Defensive tactics in bookbuilding