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The US dollar market buoyant this week despite escalating hostilities in the Middle East
Corporate and unsecured financial issuance unlikely to restart in earnest as yields climb
◆ New paper subordinated to existing hybrid stack ◆ Investors keen to pick up high yielding deal ◆ Deal seen as a sign of commitment to hybrid capital
Concessions climb as Middle East war rocks sentiment and Amazon redefines clearing levels
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Big order books and political changes to come raise chance of opportunistic issuance continuing deep into end of year -
London's airport is the third foreign corporate to tap the Swiss market this week
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Banking borrower does not get same boisterous demand as other recent automotive deals
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Ratings downgrade follows S&P's, puts company on verge of technical default
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Billions fall out of Stellantis's book after tightening by 40bp during bookbuilding
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Equinix, Otis and Zimmer take €2.7bn between them
