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◆ Investos flock to RELX despite AI noise ◆ Demand allows for low single digit NIP ◆ Sticky books for Smith & Nephew
May has been busy for euro corporate bond issuers
Investors overlook short-term oil uncertainty in favour of a long-term view on the sector
Issuers leave concessions on the table as investors look more closely at individual names
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Merck & Co and Ecolab Inc raised a combined $11bn as they took advantage of strong investor demand and tight spreads -
◆ Defence firm's first deal in 16 years could entice more to follow ◆ Strong bid fuels price move ◆ Hedge fund demand debated
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Leopard tank manufacturer to tap market interest for defence deals
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◆ Deal prices close to fair value ◆ Retail denoms keep curve tight ◆ Heidelberg takes €1.5bn with dual tranche trade
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Lufthansa, Oncor, TP and EWE hold investor calls
