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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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After soaring this month, May is expected to see new issue premiums return to next to nothing
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M&G's hire comes amid the asset manager's push to expand loan origination capabilities in northern Europe
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UK's Mark Capital turns to investment management company for funding
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Donald Trump’s assault on the tenets of US financial exceptionalism is a boon to European capital markets
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◆ Investors claw back some of the power in primary market ◆ Trade lands with high single digit concession ◆ Deal more than three times subscribed despite €1bn falling out of orderbook
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