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Tight spreads keep Middle East borrowers in bond market, and away from loans
Only a handful of names tapped the market ahead of Independence Day
Yield-hungry investors and global issuers return could broaden sterling supply in H2
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◆ Elis and Australia Pacific Airports offer low double-digit concessions ◆ Akzo Nobel prices dual trancher ◆ Shorter dated deals attract strongest demand -
The best investment banks are those that can navigate all conditions, not just thrive in the good and survive the bad
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◆ Deal only the second ever Kangaroo hybrid ◆ Concession offered on all three tranches ◆ Verizon increasingly looking abroad for hybrid funding
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◆ Corporate bond market fizzes with multi-tranche, multi-currency deals ◆ Marketing helps spur strong outcome ◆ Proceeds to fund coffee subsidiary spin-off
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Safe haven status draws offshore names to Swiss francs
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German promissory notes come into their own in times of stress
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