FIG run coming to a close
The shimmering window for new senior FIG deals may be closing this week, as appetite dampens for new bonds. While Credit Suisse raised Eu2.2bn of orders for its new five year on Tuesday, appetite is weaker for lower rated credits, say FIG bankers. Turn to EuroWeek on Friday for analysis of how the week’s FIG deals have been absorbed and whether the market is heading into snooze mode for the rest of the year.
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