Corporates roar but prospect of beating 2009 record distant

Crisis Fotolia right side
By Mike Turner
01 Apr 2020

The primary corporate bond market in Europe threw up another blistering day on Wednesday, with seven issuers on screens by mid-morning, bringing the number of deals so far this week to 18, though bond syndicate desks are hesitant to compare this crisis market with the record-breaking issuance in 2009.

Investors again have a range of sectors and countries to pick from on Wednesday, with the suffering representatives of the airline and oil sectors, defensive utilities and non-European issuers all vying for attention.

Despite the busy week, syndicate bankers are wary of drawing a direct comparison with the 2009 ...

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