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Green and Social Bonds and Loans

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◆ KfW sells another green deal in active year for the label ◆ Less than 2bp NIP paid this time ◆ FMO prices in line with MuniFin, Tennet NL
◆ Sovereign brings new 12 year after recent yield sell-offs ◆ Books in line with recent green BTPs ◆ Both real and fast money accounts active
◆ ESB returns after three years with debut EuGB ◆ Ericsson draws bigger book with wider spread and shorter duration ◆ Both companies pay small NIPs
◆ Crossover credit sells second senior SLB of 2026 ◆ Deal lands tight to secondaries and peers ◆ Proceeds to refinance 2028 convertible maturity
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