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Investment grade companies demonstrated just how much liquidity was sloshing around in the euro, dollar, sterling and Swiss franc markets with a string of large deals. But these bonds did not just stand out for the amount issued. Rather, they showed that there is not always a trade-off to be made between size and price
Aroundtown and Toyota tap private markets as public supply winds down
Volumes rose 6% year on year
Heavy euro and sterling flows meet firm demand, but costs are higher for issuers
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Pharmaceutical company adds access to healthcare to sustainable finance metrics
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Results of tender offer come in after reshuffle of senior management
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Pre-hedging ahead of issuance is an attractive idea as rates rise but it comes with risks of its own