Sub debt pipeline unlikely to disgorge as sentiment sours
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Sub debt pipeline unlikely to disgorge as sentiment sours

Frank Jackman
June 13, 2022 03:44 PM
The US Navy Los Angeles-class nuclear attack submarine USS Annapolis after breaking through three feet of ice while participating in Ice Exercise March 21, 2009 in the Arctic Ocean.

Recent subordinated deals spotted up to 35bp wider in secondaries, pouring cold water on the prospect of further supply

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Frank Jackman
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