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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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◆ Derwent brings smooth Friday trade ◆ Deal caps off €49bn-equivalent fortnight ◆ Volumes expected to collapse
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Less exuberance in bookbuilding and secondary widening follows primary market onslaught
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◆ Small benchmarks hit screens ◆ Demand solid but muted ◆ Market prepared for cooling off period after rampant few weeks
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◆ IG corporates pour into market ◆ Little sign of fatigue despite range of trades on offer ◆ EDP and Kering hit euros and RAC gets blowout response in sterling
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◆ Novo Nordisk brings €6bn trade days after CEO leaves ◆ Tranches priced with similar premiums ◆ No sign of investor fatigue for jumbo corporate trades
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◆ Siemens burst out of the gate with five tranches ◆ Rarely spotted floating rate note sees good demand ◆ More multi-tranche trades expected this week