Coronavirus forces change of tactics for SSA new issues
The volatility gripping markets shows no signs of abating, in spite of the best efforts of central banks. Syndicate desks are hard at work, planning how best to bring SSA deals to such a difficult market.
The rush to safe haven assets should mean that there is demand for high quality paper, but the complexity of an SSA deal makes them difficult to bring to market.“There’s a lot of building blocks of transactions that we take for granted,” said a head of SSA ...
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