Top section
Top section
◆ US drugs firm pays single digit NIP ◆ Friday deals growing more common ◆ Issuer moves ahead of anticipated quiet week
French company diversifies funding after inaugural dollar deal last year
Issuers rewarded with tight pricing
Data
More articles
More articles
More articles
-
Science City (Guangzhou) Investment Group Co, a Chinese state-owned enterprise, raised $550m from a dual tranche debut bond sale on Tuesday. -
Europe’s corporate bond investors preferred shorter deals on Tuesday. Issuers seeking maturities past five years had to pay double-digit new issue premiums, while short notes got negative concessions.
-
LondonMetric, the listed UK real estate firm, has sold £380m of US private placements, according to market sources. One tranche had a green component, which priced tighter than another coupon with the same maturity.
-
Verbund, Austria’s largest electricity provider, is in its second and final day of marketing a green and sustainability linked 20 year trade, in a closely watched deal that is expected to see insatiable demand.
-
King’s College university has sold US private placements, according to market sources, in the first widely marketed UK university deal seen in the market for 12 months.
-
Europe's high grade corporate bond investors are becoming more sensitive to price, as inflation and European lockdown worries rattle nerves. Orderbooks have fallen away during the pricing process, making it more difficult for issuers to tighten far from initial price thoughts.
Sub-sections
