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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
Data
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Domestic issuers crowd screens in Switzerland -
Hewlett-Packard, Uber, Repsol and Komatsu jostle
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'Great' market conditions are not immune to central bank surprises and fund inflow changes
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Mining merger rewards patient followers of this industry
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◆ Whopping demand for Danish logistics group ◆ Deal lands comfortably inside fair value ◆ Green label helps execution
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