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Four hybrids draw attention from rampant subordinated FIG market
Borrowers try to slide in before ECB meets on Thursday
At-the-market transaction to take advantage of strong results despite volatile market
Novo Nordisk bought £50m of the deal leaving £30m for the market
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Like Renk and Douglas, Galderma has turned to the loan market over bonds after floating
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The biggest IPO of 2024 so far in Europe has delivered a welcome bounce in the aftermarket
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Galderma will provide the European IPO market with another important data point when it begins trading on Friday
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The final size of the base deal will be Sfr2bn after the IPO was priced at the top of the range
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The biggest IPO of the year so far in Europe is multiple times covered, according to sources
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KBRA expects to upgrade deal if merger with Orangetheory goes through