Americas
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Three corporates printed this week, as did Peru in its own currency
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Nimble M&A financing on display as markets hold
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Bankers expect plenty more deals in June after a hefty May
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Supply so far this year from the country is the highest for nearly a decade
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◆ Issuers storm dollar market this week ◆ British Columbia follows Ontario to long end ◆ IDA taps two markets in two days
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Lenders sense appetite for M&A among companies, PE firms and lenders
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The Canadian issuer may offer at least one more international benchmark this year
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◆ Canadian issuers return to dollars ◆ AfDB brings rare dual-trancher ◆ Kommuninvest offers diversification
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◆ Philip Morris flattens short end curve by 7bp ◆ EssilorLuxottica lands with single digit concession ◆ Wesfarmers increases deal size
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Four deals from a total of seven announced on Monday will price in dollars
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Factors stack up to make US issuers and investors eager
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Despite the latest legal development being ostensibly market pleasing, many feel little reason for cheer