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With billions of funding to be done, it will serve hyperscalers well to be less ambiguous
◆ Demand sticky despite tight pricing ◆ Trade performing in secondary ◆ Tight senior/sub spread spotted
'Hard to classify' Italian corporate trade being marketed to FIG and SSA accounts
New record low spread gap between senior and hybrid bonds
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Second busy day hints at strong end to September corporate issuance -
Orderbooks almost 20% higher than yearly average
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For deals to go well, companies need to cough up
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Storied credit started with sub-benchmark plans but drummed up enough demand
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Retail holdco sees solid demand, but spread started in 300s
