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Despite the latest legal development being ostensibly market pleasing, many feel little reason for cheer
◆ Issuer sees sizable orderbook attrition ◆ Trade looks to pay single-digit new issue concessions ◆ Deal flow to dry up from today
◆ Mining firm's biggest euro deal since 2020 ◆ Premium appears negligible ◆ Other challenging names could follow
◆ Market roars into life after UK public holiday ◆ Premiums low despite heavy supply this month ◆ Smaller deal sizes prop up demand
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AusNet and unrated Lagardère market euro benchmarks
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The company announced his departure on Friday
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Successful corporates and FIG bonds belie move to ‘higher volatility regime'
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US due to impose swingeing tariffs next week
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Investors say the punitive tariffs on imported vehicles and parts are "worse than expected"
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SNB rate cut skews investor interest towards longer paper