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
-
While Greece’s fraught negotiations with its creditors sent politicians, eurocrats and journalists rushing to panic stations this week, the corporate bond market is taking the situation with a healthy sangfroid, write Nathan Collins and Victor Jimenez.
-
High grade borrowers are set to pull the trigger on a slew of refinancings and M&A deals after the Federal Reserve took a big step closer to its first interest rate rise since 2006 following the conclusion of a two day meeting in Washington on June 17.
-
In the corporate market investors aren’t buying and issuers aren’t mandating. But borrowers are still keen to roadshow. That is giving false hope to bond syndicates, and the costs could outweigh the benefits.
-
Archer Daniels Midland, the US food processing and commodities trading company, ended a fallow patch in the corporate bond market on Wednesday, making its debut in the euro market with a dual tranche deal.
-
Tessenderlo Chemie, the unrated Belgian chemicals company, was undeterred by fragile market conditions on Tuesday as it began marketing a two tranche bond to institutional investors. It extended the offer to retail buyers on Thursday.