Top Section/Ad
Top Section/Ad
Most recent
◆ Orbit prints 15 year trade after one day of marketing ◆ Demand peaks at five times the deal size ◆ Small new issue premium spotted
◆ 12 year bond surprises bankers with strong demand ◆ Orders fall as pricing tightens ◆ Deal lands close to fair value
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
More articles/Ad
More articles/Ad
More articles
-
JP Morgan this week rammed home one of the big themes of 2011 in the US bond market, by launching a $1.25bn 30-year bond just as the dollar market appeared to be shutting down for the holidays.
-
Tesco Bank has launched its second retail bond, an eight year inflation linker that tracks the UK’s retail price index. The deal comes as Intermediate Capital Group, a mezzanine finance provider, is also beginning its own retail offering.
-
Pernod Ricard made a victorious debut in the US market as an investment grade bond issuer by taking home $1.5bn on Thursday, taking advantage of a lull in domestic corporate supply and a rally in credit.
-
With banks more reluctant to lend and growing investor appetite for corporate bonds, European companies are turning increasingly to the bond market for funding in the style of their US counterparts, according to a report issued by Fitch on Wednesday.
-
Man Group on Wednesday priced its dollar buyback as well as releasing details of a separate cash tender on a euro issue.
-
Man Group is set to buy back $60m of a 2013 issue at a minimum spread of 230bp over US Treasuries, with details on take-up of a cash tender on a euro issue due out later on Wednesday.