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German promissory notes come into their own in times of stress
Issuers shrug off geopolitical volatility to push through slew of multi-tranche trades
Investors more than willing to spread the love to other issuers despite hyperscaler's vast bond sale
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◆ €14.5bn deal largest ever from a corporate in the currency ◆ Investors pledge strong demand for all eight tranches ◆ Some pickup paid over Alphabet
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◆ Fast food firm leaves nothing on the table ◆ Trade extends McDonald's euro curve ◆ Reverse Yankees dominate euro IG corporate flow
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◆ Three companies bring no-grow €500m trades ◆ All deals got ample demand ◆ More supply lines up as the market reopens
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Head of capital markets and advisory leaves
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GlobalCapital is pleased to announce the winners of the Syndicated Loan, Leveraged Finance and Private Debt Awards 2025.
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◆ Two tranches in euros and one in sterling ◆ Combined peak books top €19bn ◆ Investors paid up with chunky sub/senior spreads
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