Weekly Covers

Early March listing set to be the latest defence sector IPO

Recent Italy syndication prompts talk of change in how sovereigns manage syndicates

◆ LVMH draws heavy demand despite share price slide ◆ Longer tranche takes bigger bite of interest ◆ Both lines land with slim concessions

◆ Market conditions made going ahead an "easy decision" ◆ Two-year FRN priced flat to fair value ◆ Floaters' secondary liquidity debated

Reopening the €1.75bn bond issued in January attracts huge investor interest

◆ French bank has had a busy 2026, issuing across currencies and asset classes◆ Cross-currency rates at 'optimal level' for diversification play, lead manager said ◆ Fair value debated

This week's flurry of deals takes year to date volume beyond £8bn

Very few, if any, Gulf issuers are looking at sterling bonds

◆ €3.25bn of new issuance comes as Goldman Sachs brings €7bn across four tranches ◆ 'Surprise' as two US names proice on same day ◆ Positive concession might force European banks to pay more next week

Law firm also chosen to advise government on inaugural issue

Market participants debate 300bp 'soft barrier' for AT1 resets as banks probe ever-improving cost of capital

Tech giant's meditation on permanence offered investors a juicy a pick-up for taking just a little more duration risk