Corporate bond issuance eases in run-up to ECB

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By Alex Radford
10 Sep 2019

Corporate bond issuance in euros was busy again on Tuesday, with four deals, but they were moderately sized, so the total was nothing like Monday's haul of €6bn and £1.25bn.

Issuers including LyondellBasell and Energias de Portugal raised a total of €2.6bn.

Although background conditions are good, some bankers wondered if investors might be feeling a bit overstretched.

“I think there's been a little bit of pushback,” said a banker away from today’s deals. “You saw Verizon get stuck [yesterday] ...

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