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◆ Gulf issuers turn to private markets ◆ Public sector and corporate borrowers to bring forward plans ◆ Banks re-enter covered and unsecured funding markets
Easter holidays and Middle East volatility subdued regular private placement activity though Gulf states step up private funding
Third trip this year to private placements for the Swedish truckmaker
Extra yield pick-up kept the bid firm for both formats in private placements
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◆ Floaters find demand as new quarter begins ◆ Quiet public market paves way for semi-private placements -
Storied MTN banker will leave the US firm after almost 13 years
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Attractive pricing and a desire to diversify to drive foreign financials to sterling
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More foreign banks are preparing to issue in Japan as local investors show strong appetite
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Adrien Lan was previously UBS's global head of MTNs
