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Musk's firm joins bumper dollar club and bankers hope other markets could follow
Growing investor base fuels record year for corporate Kangaroos
◆ Pair more than 3.5 times covered at final terms ◆ Suez lands flat, Air France pays up ◆ Airline paper performs in secondary
◆ Issuer taps euros, sterling and dollars across 13 tranches ◆ Second deal for NTT this year ◆ Premiums needed to sweeten the size
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Explicitly guaranteed Dutch utility company expected to trade tighter against govvie and agency peers -
Poste will not borrow for the cash component
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Former corporate’s green deal will be first under new state guarantee regime
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The US dollar market buoyant this week despite escalating hostilities in the Middle East
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Corporate and unsecured financial issuance unlikely to restart in earnest as yields climb
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◆ New paper subordinated to existing hybrid stack ◆ Investors keen to pick up high yielding deal ◆ Deal seen as a sign of commitment to hybrid capital
