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◆ Gulf private placements bite back ◆ Bond new issue premiums rise ◆ CLOs catch a break
Business has sagged in the third quarter, but the pipeline is busy, despite an intractable war
Private bonds are now being offered in the open market wider than where public deals trade
Data
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Concerns about the state of the market from September are hurrying issuers to primary market
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Demand was nearly twice the $800m size
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CEE sovereign trades up as another Turkish corp issues a mandate
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Gulf issuer blasted through where leads had put fair value two days before
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One investor expects the oil firm's triple tranche deal will price at least flat to the sovereign
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