MTN dealers ‘hopeful rather than optimistic’ about January
MTN dealers are “hopeful rather than optimistic” that in January issuers will avoid what they said had been a trend in 2018 of waiting for market conditions to improve before bringing deals, then shelving trades as conditions worsen.
Deals have been hard to come by this week, said one head of MTNs, who had some projects slated for this year postponed until next year by their issuers.“I hope issuers don’t make the mistake they made this year of waiting for a better day that didn’t ...
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