Top Section/Ad
Top Section/Ad
Most recent
AT&T’s 19 year bond found buyers this week, but rate uncertainty and a flatter euro curve have dampened investor demand for duration
August forecast to be a strong month for corporate dollar supply
Stable backdrop, steady rates and strong demand give issuers reasons to move before the post-summer rush, bankers said
◆ Telco takes size in euros and duration in sterling ◆ Elevated premiums paid at the long end ◆ Sterling tranche AT&T's first since 2018
More articles/Ad
More articles/Ad
More articles
-
There was renewed bemusement on bond desks in Asia on Monday after Greeks voted against bailout measures over the weekend. There were no new dollar mandates as secondary prices widened but offshore renminbi bond issuers are testing the market. -
Korea Expressway Corp is eyes the international bond market in the second half of the year, having delayed plans for offshore bonds in the first half due to lower onshore funding costs and an unfavourable swap price.
-
China Huiyuan Juice Group raised €200m ($223m) from its debut euro bond on June 29, a lone success as Asia's primary bond market stuttered amid the Greek debt crisis. Market volatility proved no hindrance for the deal’s unconventional execution as a heavily anchored book allowed the juice maker to wrap up bookbuilding within two hours.
-
Asia ex-Japan’s bond market has not avoided the shockwaves from the Greek crisis, with debt issuance grinding to a halt this week. But while most attention is on Athens, market observers in Asia said that the real threat is closer to home, writes Narae Kim.
-
Syndicate bankers fully expected a shutdown of corporate bonds this week amid Europe’s Greek turmoil, since many issuers had taken advantage of rosier conditions in the year’s first half and could afford to sit out volatile markets until at least the Greek referendum on Sunday.
-
Europe's investment grade corporate bond market is in shutdown, but the mood is calm among bankers, and most issuers are comfortable biding their time on the sidelines.
