Top Section/Ad
Top Section/Ad
Most recent
AT&T’s 19 year bond found buyers this week, but rate uncertainty and a flatter euro curve have dampened investor demand for duration
August forecast to be a strong month for corporate dollar supply
Stable backdrop, steady rates and strong demand give issuers reasons to move before the post-summer rush, bankers said
◆ Telco takes size in euros and duration in sterling ◆ Elevated premiums paid at the long end ◆ Sterling tranche AT&T's first since 2018
More articles/Ad
More articles/Ad
More articles
-
Alibaba’s landmark $8bn bond has had an unpredictable time in secondary markets in the week since it was completed, as US and Asian investors reflected different views on pricing. But this does not take away from the deal’s achievements. -
Repsol, the Spanish oil and gas company, has issued a €500m 12 year bond, extending its maturity profile by five years and only had to pay a small new issue premium, according to a banker.
-
ISS Global, the Danish cleaning and facility services company, has issued its first bond as an investment grade issuer after its IPO in March. The company priced a €700m 5.1 year and a €500m 10 year issue on Monday.
-
Other markets may be beginning to experience some pre-festive blues, but not corporate bonds. Europe’s market is making the most of a November with most companies out of earnings blackouts and the vague hint in the background that the European Central Bank might pile in as a buyer before long.
-
China Development Bank’s financial arm of CDB Leasing failed to outshine on its comeback through a five year and ten year dual tranche offering on November 25 despite the status of the ultimate parent as the country’s biggest policy bank.
-
Urenco, the UK-based uranium enrichment company, priced a €500m bond on Monday. Investors had concerns about the nuclear power sector, particularly as French nuclear reactor builder Areva is facing financial difficulties. But Urenco appeared to have addressed their worries, as the bond was twice subscribed.
