Euro
-
Trio of borrowers add to busy dealflow — with more to come -
Issuers tasked with resuming public sector's autumn supply in the past will do the same this year
-
Supply chains under renewed pressure as Europe teeters on edge of recession
-
The riskiest of investment grade issuers find themselves the belles of the ball
-
◆ €500m no-grow print avoids competing supply ◆ 15bp-20bp needed to seal the deal ◆ Smaller names should be prepared to pay up in August supply rush
-
Issuance not expected to return until the final week of August
-
Turbine customers see little debt market blowback despite potential for major operational disruption
-
Fund manager says asset class is mispriced by over 100bp
-
First deal in a month is likely to test demand and price expectations at the five year point
-
Riskier asset classes like high yield lose out as investors favour safer options
-
Busy week across products and currencies reduces chance of saturation
-
Both supply and demand are on the rise to support more long-dated paper
