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
-
‘Very impressive’ market growth heralds more SSA and credit issuance
-
Transition plans and disclosure rules will be central to UK’s bid for sustainable finance leadership
-
-
No sign of an issuance drought in hot market
-
Faced with hard technological choices, companies are trying to make their dialogue with investors clearer and more robust
-
◆ Deal eight times subscribed ◆ Spread cut to mid swaps plus 120bp ◆ Investors flush with cash amid scant supply
Sub-sections