Debut IG issuers jump in as dollar tone improves

Running, leap 230x150 correct
By David Rothnie
16 Nov 2017

Two companies made their investment grade bow on Thursday as an improvement in sentiment encouraged borrowers to capitalise on decent conditions and wrap up funding in the final weeks of the year.

Earlier in the week borrowers adopted a more cautious approach to funding, as indigestion and fatigue that marked the previous week’s supply led to investors taking a more discerning approach. But the prospect of US tax reform being pushed through helped conditions improve as the week drew on.

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