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◆ Google parent prints largest ever corp deal in Australian dollars ◆ Investors queue up with monster orderbook ◆ Issuer pays modest concession to its dollar curve
Global warming is coming for portfolios everywhere. Good luck finding any escape
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Foreign corporate issuance running at record high -
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Nvidia's $25bn seven-tranche offering matched Meta’s issuance in late April which are only smaller than Amazon’s $37bn print from March
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Corporate summer slowdown prospects dampened as windows for opportunistic trades open
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◆ Fallen angel lands €500m deal ◆ Tight price too much for some investors ◆ IG and high yield comps used
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Front-loaded funding and an uncertain rates outlook have left investors short of papers
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