Issues
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Adidas and Thermo Fisher both see stronger demand for longer maturities
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Speculative grade deal defies predictions that investors would play it safe
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More popular short dated trades helped propel annual covered bond issuance in single currency to new high
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Two more senior bankers at risk of redundancy
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The long end in senior FIG is only open for the most liquid names, for now
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- The re-emergence of lender protection in leveraged finance - How one Korean insurance company caused chaos in Asia’s bond market - Climate resilience comes to sovereign bonds
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Some banks and investors expect covenants to improve as risk rises
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Market absorbed heavy Gilt issuance and a slew of supra, agency and FIG deals
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Bonds with built-in payment breaks for disaster could be safer and more valuable
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Proposal backed by IMF, World Bank and ICMA sets out standard terms
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This year’s largest volume of unsecured FIG issuance for a week may be repeated next week — borrowers take advantage of late-year funding respite