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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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◆ UK supermarket chain takes euro route ◆ Demand holds firm despite sharp spread tightening ◆ Small new issue concession on offer
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Four tranche deal could raise at least €2bn
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Supra bond shows size is available in Swiss francs for digital deals
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Tight spreads keep Middle East borrowers in bond market, and away from loans
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Only a handful of names tapped the market ahead of Independence Day
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Yield-hungry investors and global issuers return could broaden sterling supply in H2
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