Corporate bond week ahead: US Market still open
British American Tobacco’s $21bn-equivalent raid on corporate bond markets either side of the Atlantic took all the headlines this week, but while it was the only story in Europe, the US market saw plenty of other deals.
While BAT’s $17bn eight tranche deal was the second biggest deal of 2017 in the US market, there was another $27bn issued as well this week. Next week is not expected to reach those heights, but syndicate managers do still have a number of deals lined up.
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