Banks launch final surge of issuance ahead of Thanksgiving holiday

Turkey_Flock_Alamy_230x150_191119
By Tyler Davies
19 Nov 2019

Financial institutions are rushing to sell new deals in the euro market, fearful that the window for issuance will close after Thanksgiving in the US next week.

Four banks were marketing new unsecured euro deals on Tuesday morning, while three other financial institutions announced new plans to raise debt.

DCM officials have been urging borrowers to wrap up their funding plans for 2019 in the next couple of weeks.

Many are not convinced that there ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial