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Hyperscaler earnings could become a crucial date for issuance funding calendars
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
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Corporate issuance keeps flowing into the undersupplied sterling market
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The mining company's €300m deal was covered nearly six times
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As issuers strive for transparency, investors struggle to make sense of the information
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Despite printing through swaps, the deal offered an attractive price for government-guaranteed exposure
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There is still a pipeline for investment grade corporates but it is sharply slowing
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Housing association's book got £1.3bn of interest despite headwinds