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Issuers leave concessions on the table as investors look more closely at individual names
Merck & Co and Ecolab Inc raised a combined $11bn as they took advantage of strong investor demand and tight spreads
◆ Defence firm's first deal in 16 years could entice more to follow ◆ Strong bid fuels price move ◆ Hedge fund demand debated
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The financing takes place the same week as its €750m bond offering
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Company's bonds widen as much as 10bp after 25% steel tariff announced
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Embattled utility makes final plea for court to sanction £3bn in emergency funding
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Thames Water refinancing battle is an unedifying mess
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Reverse Yankees bumped up February volumes last year and hopes are high they will again in 2025
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