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New record low spread gap between senior and hybrid bonds
The US tech giant kickstarted what could be a deluge of debt issuance from the largest US tech firms
◆ Junior note lands tight to Class As ◆ No concession needed ◆ Lack of sterling supply allows for tight pricing
◆ Peak book the largest for an IG corporate in sterling since early November ◆ Issuer takes size at a tight spread ◆ Wide range of fair values spotted
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US company plans its first euro deal as investment grade issuer
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Hopes rise that acquisition funding could turn a normal year great for corporate debt
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Three borrowers head to euros to fund M&A activity
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SLB-only issuer defends against wider investor complaints about small penalties for missing targets
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Issuers tipped to pile into the market from next week
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Swedish borrower in the market months after agreeing Stanley Infrastructure purchase