Goldman Sachs
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Issuer hit screens with unfashionable maturity amid soaring US inflation but still achieved a solid trade
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Deals all land despite some reservations about maturities
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Closely watched long dated tranche strong enough to command €37bn of orders
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New deals emerge amid hopes of improving sentiment after rate hike and support for China’s tech sector
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Government shrinks deal size as demand wanes
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Whipsawing market takes some of the shine off decent market outing
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Life insurance firm chops deal size amid investor concerns
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Bankers are hopeful that FIG borrowers who pay for debt in dollars will continue to take advantage of sterling and Swiss franc funding arbitrage
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US defence giant Lockheed Martin jumped into the dollar market on Thursday following two big M&A financings that were well received