Investment grade lies in slumber
Europe’s investment grade corporate borrowers avoided issuance completely on Monday and Tuesday. None were willing to pay the new issue premiums needed amid the weakness in the overall debt markets. However, bankers said they were optimistic that some would take the plunge by the end of the week, especially given the firmer market tone on Tuesday afternoon. Read EuroWeek on Friday for more.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts