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
-
Recent issuers of corporate bonds have built bulging order books and tightened spreads thanks to strong demand for new deals, but the vibrancy has not filtered down to the secondary market. Some market participants are concerned about the lack of liquidity in the asset class. -
Fitch Ratings dropped its rating for British telecoms group Vodafone from A- to BBB+ on Wednesday, blaming increased leverage as a result of its €7.2bn acquisition of Spanish broadband operator Ono.
-
Citi has advised clients to expect a less busy second half of the year, revising the bank's investment grade corporate full year issuance forecast down from €234bn to €210bn.
-
Shanghai Electric Group (SEG) brought out its debut international deal on Thursday, with the local government owned equipment manufacturer offering a Reg S five year bond.
-
China Merchants Bank returned to the bond market on Tuesday but this time the proceeds of the deal will go to its subsidiary CMB Leasing.
-
Fitch Ratings dropped its rating for British telecoms group Vodafone from A- to BBB+ today, blaming increased leverage as a result of its €7.2bn acquisition of Spanish broadband operator Ono.
