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Outstanding corporate funding chief at BP for 25 years, whom other treasurers turned to for advice
Offshore issuance in the currency running at nearly double last year’s pace
Musk's firm joins bumper dollar club and bankers hope other markets could follow
Growing investor base fuels record year for corporate Kangaroos
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Factors stack up to make US issuers and investors eager
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Despite the latest legal development being ostensibly market pleasing, many feel little reason for cheer
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◆ Issuer sees sizable orderbook attrition ◆ Trade looks to pay single-digit new issue concessions ◆ Deal flow to dry up from today
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◆ Mining firm's biggest euro deal since 2020 ◆ Premium appears negligible ◆ Other challenging names could follow
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◆ Market roars into life after UK public holiday ◆ Premiums low despite heavy supply this month ◆ Smaller deal sizes prop up demand
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◆ Telecom company brings rare sterling hybrid ◆ Demand for hybrid tranche exceeds three times ◆ Company prints euro benchmark on same day