Issues
-
◆ Fast food firm leaves nothing on the table ◆ Trade extends McDonald's euro curve ◆ Reverse Yankees dominate euro IG corporate flow -
◆ Three companies bring no-grow €500m trades ◆ All deals got ample demand ◆ More supply lines up as the market reopens
-
Head of capital markets and advisory leaves
-
◆ Borrower builds one of largest books ◆ Prices off own curve, govvie-style ◆ Typical 2bp tightening, but fair value ‘very much on the move’
-
◆ Two tranches in euros and one in sterling ◆ Combined peak books top €19bn ◆ Investors paid up with chunky sub/senior spreads
-
First new covered bond since the end of February ◆ Deal shows investor preference for short-dated paper – RBC ◆ Issuer benefits from minimal exposure to Middle East, says banker
-
Company’s new facility was described as ‘substantially oversubscribed’ and structured as a club deal as it adds contingent liquidity loan for $3bn
-
CLO market's software headache shows how fast technological progress can move prices
-
US banks were the biggest issuers of unsecured debt in euros, paying a premium for jumbo multi-tranche trades
-
The region is a net energy importer, but so far bonds have not been affected too much by the oil price surge
-
Hire comes from Ares
-
No public, benchmark size bonds have been issued since the conflict started
