◆ Pair more than 3.5 times covered at final terms ◆ Suez lands flat, Air France pays up ◆ Airline paper performs in secondary

◆ French utility returns a week after A$1.25bn debut ◆ Six year tranche pulls stronger demand than 12 year ◆ Both legs land close to fair value

Head of funding Jochen Schader says strong promotional lending has pushed the 2026 target above €15bn, as the agency caps its dollar programme before the summer

◆ BBVA opts for green five year bullet ◆ Pays concession for secondary performance ◆ Outperforms SNP supply from last week

All as expected by the market, but lack of more details regarding bill issuance somewhat disappoints

◆ Italian utility hits six year spot ◆ Rare blue label helps draw attention ◆ Gasunie stretches out with €650m bond

Market's bellwether forges ahead as pipeline builds

Deal includes floating rate note

IPO documents reveal data center portfolio purchase

AI issuance is becoming increasingly concentrated — beware

Hybrid capital is open to the big US tech companies. But who needs an umbrella when the sun is shining?

The bank has been added to DNB's list of registered covered bond issuers

Bond issues tighten across the board as borrowers plunge in to avoid perilous fourth quarter

Wind and solar park operator signs oversubscribed facility with new lenders

Committee featuring at least five major firms’ lawyers set up amid hopes for change in Venezuela

Anticipation of a 25bp rate cut kept the bond market quiet, though some plucky issuers found a window

Multilateral development banks find themselves swept up in two parallel waves of change. As bond issuers, they are having to deftly navigate capital markets that are still emerging from the end of years of historically low rates, being forced to call upon all their experience and sophistication as they fund across multiple markets. At the same time, with the pressure on to fill the huge gap in global development finance, these institutions are being asked to work out how to better use or expand their balance sheets and lend more — all while maintaining their precious credit ratings. GlobalCapital gathered some of the leading supranational issuers at a roundtable in New York City in May to discuss how best to deal with the challenges of this changing world.

There has never been so much momentum to reform the multilateral development banks. But most of the many avenues to expand their lending have run into difficulties. Jon Hay reports

CLO mezzanine investors are paid high spreads precisely because impairments are a possibility

While European companies lock in attractive euro funding through private placements

Progress to bring down government deficit will be slow, warn economists

US drug company Eli Lilly jolted the dollar market awake on Wednesday with an eight-part jumbo trade to fund two recent acquisitions

The US dollar market buoyant this week despite escalating hostilities in the Middle East

Redwood will be a repeat issuer