FIG issuers take stock as hot market cools before eventful week
Primary markets for financial borrowers cooled this week as secondary spreads widened, ending a stellar run of new issues and leaving borrowers apprehensive ahead of a packed calendar of potentially market-moving events.
“Everyone is looking ahead to next week and suddenly feeling like there is potential for a bit of volatility and a bit of uncertainty,” said a syndicate head. There is going to be a bit of a pause in issuance, as clearly there is a lot going on.”Two ...
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