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High yields and tight senior/sub spread fuel enthusiasm for issuance among investors and issuers
◆ Pair help market to end week on a high note ◆ GSK offers pick-up over peer AstraZeneca ◆ Glencore finds demand at eight years
◆ French borrower takes €1.15bn across two tranches ◆ Balance struck between size and price to keep investors onside ◆ Small concession offered
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August forecast to be a strong month for corporate dollar supply
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Big name moves to senior job at rival firm
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Stable backdrop, steady rates and strong demand give issuers reasons to move before the post-summer rush, bankers said
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◆ Telco takes size in euros and duration in sterling ◆ Elevated premiums paid at the long end ◆ Sterling tranche AT&T's first since 2018
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VanZandt moves from Morgan Stanley, Schultz promoted
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Thames's troubles are contained for now, but risk of contagion remains
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