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First outing for Italian company tipped to herald wave of fresh hybrid names
Hybrid capital issuance in emerging markets is picking up after a quiet few years
Hybrid issuance had all but disappeared in the last few years from emerging markets
Big books and negative concessions aplenty as pipeline looks thin
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Lufthansa's low rated hybrid gets less enthusiastic reception than Enel's but still garners ample demand
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Néstle goes long, Enel brings subordinated debt to launch the corporate market's year
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Hybrid bonds are rare in the Gulf and even harder to find in Africa
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The decompression trade between high grade and high yield credit is far from guaranteed to pay off
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High beta corporate credit's resilience amid French state debacle shows strength of technicals in latest BofA investor survey
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Hybrids are growing in the US after Moody's criteria change