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The pay-off of keeping work at bay when it comes to family is bigger than the downside
◆ Fresenius, Danone and Proximus benchmarks shake off tariff turmoil ◆ Range of new issue concessions needed ◆ High orderbook attrition for those pushing hard on spread
Bank facility joins bonds in euros and Swiss francs
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United Utilities and Edenred came far through fair value -
Investment-grade corporates ramp up dollar issuance after blackouts end
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United Utilities, Edenred and Kraft Heinz follow pair of jumbos
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Both trades get covered in about 10 minutes
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J&J’s rare 30 year tranche grows to €1bn
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Corporate borrowers shrugged off fears over inflation and concerns over tariffs to print tight trades and pay for acquisitions
