Corporate bond issuance eases in run-up to ECB
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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