€5bn flurry of bonds as Danaher trades well

By Alex Radford
04 Sep 2019

Five new corporate bond issues including a €3bn issue from AT&T hit the market on Wednesday, after Danaher had completed its €6.25bn deal on Tuesday, leaving room for more companies to borrow.

“The market today is, broadly speaking, looking decent,” said a banker on some of Wednesday’s deals.

A second banker, away from them, agreed. “It feels like we got through Danaher — that's trading very nicely in the secondary market — and today's deals are being easily absorbed,” ...

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