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◆ Both borrowers comfortably oversubscribed ◆ Deals tightened above the 37bp average ◆ Little fatigue seen after a bumper May
June could be very busy as borrowers come early to exploit good conditions
Factors stack up to make US issuers and investors eager
Despite the latest legal development being ostensibly market pleasing, many feel little reason for cheer
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The good times don’t last and when they end, it's vicious -
Investors show they can differentiate between credits in troubled UK water sector
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Big books are on display in undersupplied sterling market
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Water utility brings first deal since rules governing its sector were updated and Panorama allegations
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Average concession rises above zero but remains well below 2024's mean
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A slow January could be completely recovered if US issuers turn up in force again for February
