Issues
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PE firms see the public market as a ‘pain’ as investors seek low leverage companies and low valuations
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Positive deal momentum signals recovery in volumes
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Far left and right could attack tax breaks and pro-business climate that have fostered growth
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Tax hikes and regulation are bearable risks. Social disintegration is not
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The FIG primary market reopened this week after the conclusion of the French parliamentary election but it has emerged that not every issuer is returning to a rapturous response
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◆ BFCM becomes first French bank to print Yankee after parliamentary election ◆ Foreign banks rush before major US peers expected to swarm market ◆ Athene raises dollars days before pulling a euro deal
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Primary market opens up but for how long?
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Concerns rise that the barrier to re-entry is too high for other storied issuers
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Concerns about the state of the market from September are hurrying issuers to primary market
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Only companies with their backs against the wall will accept paying so much more spread than peers with similar ratings
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New hire will replace executive moving internally
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German sub-sovereign trio failed to gain traction in a crowded primary market