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Earnings blackouts and higher funding costs to supress April supply
After nearly barren week, issuance could return after Easter but all depends on headlines
◆ French firm raises €1bn with week's only deal so fair ◆ Books more than six times covered at close ◆ Slim premium offered — if any
Data
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Developing countries face high debt repayments, just as donors reduce assistance -
Fewer new deals are pulling lenders' attention back to existing companies
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◆ One of the widest euro IPTs this year in IG corporate ◆ Demand rises during book building ◆ Single digit new issue premium
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Pentagon muscles into race for rare earths as China clamps down
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◆ Norwegian utility prints 13 year green bond ◆ Deal lands in the mid range of guidance ◆ Selective tone in a softer backdrop
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