Volatility turns FIG primary market into a tightrope

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Volatility turns FIG primary market into a tightrope

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A Thai investor checks an electronic board showing stock prices at Asia Plus Securities amid Coronavirus threats in Bangkok. Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10\% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. (Photo by Amphol Thongmueangluang / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

Turbulent conditions forced several banks to delay bond issuance plans this week, and one even pulled a transaction after launch. Deal flow is likely to pick up again soon, but the cost of funding is certain to be higher, writes Tyler Davies.

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