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Reframing inflation might produce a more palatable number but is not always a great idea
◆ Issuer punches through 200bp ◆ Some concession still needed ◆ First domestic sterling deal in almost two weeks
◆ General Motors brings dual currency trade ◆ Ford ups size on 5.2 year euro bond ◆ Both print euro tranches inside dollar curve
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The primary leveraged finance market is beginning to churn out deals again. The first European high yield deal in 10 weeks is expected to be priced this week and a handful of leveraged loans have begun the pricing process. -
Technical difficulty and disagreements about responsibility impede progress
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Elon Musk’s swoop for Twitter came together too soon and too quickly for some investment banks hoping to break into Silicon Valley’s elite, writes David Rothnie
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Middle managers blocking working from home paint themselves in a terrible light
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Departure comes at critical time for the credit manager
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