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Borrowers stay away after roaring week for those that did come to market
◆ Roaring rated debut for Ipsen ◆ Final orderbook 10 times deal size ◆ Spread lands well inside higher rated comparable names
◆ Borrower lands inside fair value for second year in row ◆ Orderbook ends near peak despite heavy tightening ◆ Investors say there is 'too much liquidity'
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◆ Sandoz garners chunky demand for 10 year trade ◆ Trend continues for issuers to set deal parameters quickly ◆ Single digit new issue concession -
Other sustainability bankers’ jobs at risk
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Investor demand for longer paper allows both issuers to price tight
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Froth evaporates in unsecured FIG as corporates still fly
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High volumes issued as bond market pushes through geopolitics
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Upheaval in US-Europe relationship could reshape the M&A landscape
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