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Primary market outcomes do not reflect the geopolitical reality
◆ Trade achieves strong tightening ◆ Investors keen to buy first BPPE deal in four years ◆ Real estate paper popular purchase in 2026
◆ Munich-based firm prints €2.3bn ◆ Autos start 2026 with strong demand ◆ Deal solid despite equity weakness
◆ Media firm last issued in October ◆ Tariff talk impacts choice of window ◆ Deal finds strong demand and price move
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Hyperscaler earnings could become a crucial date for issuance funding calendars -
With billions of funding to be done, it will serve hyperscalers well to be less ambiguous
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◆ Demand sticky despite tight pricing ◆ Trade performing in secondary ◆ Tight senior/sub spread spotted
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'Hard to classify' Italian corporate trade being marketed to FIG and SSA accounts
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New record low spread gap between senior and hybrid bonds
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The US tech giant kickstarted what could be a deluge of debt issuance from the largest US tech firms
