Prospect for new IG bonds bleak, despite Daimler splurge

By Alex Radford
05 Aug 2019

Investors hoping for new investment grade corporate bonds this week may be disappointed, as widening spreads and falling equities make the market less tempting for issuers.

However, demand is still out there for new notes. Last Thursday, investors poured around €5bn of orders into the most recent euro IG issue, a €3bn four tranche bond from car company Daimler.

“Right now it’s looking quite bleak,” said a corporate bond syndicate banker. “I suspect no one ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

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: or find out more online here.