Euro
-
More investors drawn to the transforming French bank, which taps market at 'perfect window' -
◆ Big order drops in response to tight pricing ◆ Hypo Noe pays premium to keep orderbook intact ◆ Arion lures orders with spread
-
Funding conditions remain strong but some predict trouble ahead
-
Security expenditure targets must be met with debt brake reform, analysts say
-
Duration returns to euro covered bonds but supply wave looks unlikely with relative value a sticking point
-
United Utilities, Edenred and Kraft Heinz follow pair of jumbos
-
The loan will have KPIs including the percentage of the company's capex aligned with the EU taxonomy
-
◆ Issuer prints €2.25bn across two tranches ◆ 10 year tranche solidifies returning long end demand ◆ Slim premium needed on both tranches
-
◆ US insurer pulled previous euro offering ◆ 'Different approach' taken to pricing ◆ Value versus dollar curve
-
'Textbook' deal attracts as defence debate hits sovs and supras
-
Issuer sees 'extremely strong outcome' for new bond as weakness lingers in European rates market
-
◆ French bank speeds up funding plan to meet eager buyers ◆ Initial deal eyed for second half of 2025 ◆ Higher spread to frequent issuers attracts
