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The US tech giant kickstarted what could be a deluge of debt issuance from the largest US tech firms
◆ Junior note lands tight to Class As ◆ No concession needed ◆ Lack of sterling supply allows for tight pricing
◆ Peak book the largest for an IG corporate in sterling since early November ◆ Issuer takes size at a tight spread ◆ Wide range of fair values spotted
◆ Spanish entity hits market with tight, opportunistic trade ◆ Some attrition as deal priced through inflection point ◆ Trade lands through fair value
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Wave of non-European names expected in euros while continent's corporates are in blackouts
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Swedish company presented first major results test in troubled auto sector
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Powell has every reason and every right to stick to his guns
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The good times don’t last and when they end, it's vicious
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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