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◆ Volkswagen Bank raises €2.5bn across three green tranches ◆ RCI Banque returns with €1.25bn dual trancher ◆ Investors turn more cautious on duration
◆ Hybrid bonds bid wider as govvies sell off ◆ EDF book holds firm earlier this week ◆ Some concession ensures healthy demand
Swiss investors retain appetite for credit as yields become more attractive
US dollar market bursts to life after Labor Day holiday
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Flood of US deals yet to harm European borrowers materially but potential for spread widening and crowding out remains
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◆ US food group funds M&A with first euro bond ◆ €500m no-grow draws more than €1.65bn at peak ◆ Tenor choice helps issuer find demand
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◆ French publishing and retail firm offers rare unrated deal ◆ Deal strikes balance between compensating investors and attractive pricing for issuer ◆ 'Strategic related partner' anchors the book
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◆ Amazon adds sterling to funding tool kit ◆ Deal the second largest in the currency after Alphabet's own debut ◆ Trade prices tight but higher price needed for size
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◆ Five-part debut draws more than €21bn of peak orders ◆ Uber offers diversification from hyperscaler-heavy US supply ◆ Issuer leaves concessions on table to secure size
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◆ Largest euro corp deal from a European issuer this year ◆ Borrower pays above-average concessions across the curve ◆ French issuers rush to fund ahead of political uncertainty