Top section
Top section
Issuers leave concessions on the table as investors look more closely at individual names
Merck & Co and Ecolab Inc raised a combined $11bn as they took advantage of strong investor demand and tight spreads
◆ Defence firm's first deal in 16 years could entice more to follow ◆ Strong bid fuels price move ◆ Hedge fund demand debated
Data
More articles
More articles
More articles
-
Lull in issuance imminent but searing hot market could entice more borrowers before party ends -
-
Strong corporate demand bodes well for the rest of the credit market
-
◆ Real estate company tightens hard on spread ◆ Deal lands well inside fair value… ◆ …but order book shrinks substantially as a result
-
◆ US delivery firm prints seven and 12 year bonds ◆ Equal spread tightening on both tranches ◆ Investors flush with cash jostle for scarce issuance
-
◆ Debut issuer draws solid demand ◆ Orderbook almost touches £1bn at peak ◆ Investors see triple B corporate sterling as enticing prospect
Sub-sections
