Euro

Asset managers expected to feature 'a bit higher' in allocations

Borrowers are using different strategies to optimise capital but strong market encourages the most subordinated deals

‘Rare occurrence’ where both issuers and investors are happy — but how long will it last?

Debutants urged to have a ball in red hot covered bond market

An €8bn book for its debut hybrid puts company in strong position ahead of rights issue

‘All stars aligned’ for the sovereign to serve up third deal of 2024

◆ Bookrunners take ‘careful approach’ for Aareal’s inaugural green SNP ◆ Reception for German bank with CRE exposure ‘very good for market’ ◆ Fixed format chosen over FRN due to credit rating

◆ Austrian lender more than fives times subscribed as swathe of deals priced... ◆ ... from tight Nordic names... ◆ ... to Italy’s ‘different animal’

Pandora, Grenke, Hochtief and Philips join the scrum

Air Liquide, Enexis and Mondi slide through busy day with negligible premiums

◆ Books show high demand for major banks' debt capital ◆ DNB saves with annual coupon pricing ◆ Barclays takes out €1.5bn at 5bp-10bp NIP

Finnvera and German SSAs also brought conventional deals