Rare names to fill post-Easter pipeline

Esoteric names from the FIG market are expected to fill the post-Easter issuance pipeline to take advantage on the constructive market conditions on offer.
“We are seeing a lot of supply from less frequent borrowers, rather than obvious brand name issuers,” said one FIG syndicate banker. “It feels pretty solid in the market on the back of the Easter break.”
The iTraxx senior financials index, for example, has held firm at 58bp ...Already a subscriber? Login