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Only two companies brought dollar bonds in short week
Bulge bracket firms are hiring from each other in a war for talent to woo financial sponsors
Second busiest week of the year but some see signs that investors are losing interest in new paper
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US corporates continue to enjoy decent funding conditions
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Enjoy the roaring markets while you can, they won't last long
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◆ Assorted issuance mix mostly well taken by investors ◆ But lower yielding or unfamiliar names find it harder to gain traction ◆ Almost all issuers pay slim to single digit premium
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◆ SSE brings two tranches to Orange’s one ◆ Both trades see substantial orderbook attrition ◆ Hybrids remain attractive proposition for investors
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Delayed drawdowns are more common in private credit
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