FIG market soaks up new senior supply ahead of blackouts

KBC_Group_FIG_PA_230_150_040419
By Tyler Davies
04 Apr 2019

Financial institutions flocked to the euro market this week to take advantage of extremely favourable issuance conditions in the run-up to earnings season. As many as 13 borrowers raised close to €9bn of senior funding in the space of four days.

The outburst of supply had some market participants wondering whether issuers were assuming financing conditions could not get any better.

“I don’t think that’s it,” said one FIG syndicate banker on Wednesday.

“Everybody has been saying how good the market is, but I think we’ve all been ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.