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◆ Fallen angel lands €500m deal ◆ Tight price too much for some investors ◆ IG and high yield comps used
◆ Anglian Water finds attractive pricing in euros ◆ Iberdrola pays small NIP on dual tranche EuGB ◆ Statnett and EEW Energy bring single tranche green deals
◆ Italian issuer pairs two sustainable formats ◆ Trade hits size targets ◆ Tight price tests investors' limits
◆ US drugs firm pays single digit NIP ◆ Friday deals growing more common ◆ Issuer moves ahead of anticipated quiet week
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French company diversifies funding after inaugural dollar deal last year
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Issuers rewarded with tight pricing
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Issuance beyond 15 years could return if rates stabilise
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Financial services firm Fiserv mandates dual-tranche euro trade
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◆ Heathrow and ADP offer concessions for longer dated trades ◆ Investors 'more selective' and 'want to be compensated' past 7 years, says banker ◆ Avinor's state-owned status helps it land through fair value
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◆ No bitter unrated taste as book grows throughout pricing ◆ Investors keen for household unrated names ◆ Price discovery needed