JP Morgan
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Secondary levels in emerging markets are moving sharply tighter early in 2019, but issuers remain difficult to tempt into the primary market. -
Spain mandated banks on Monday for its first syndicated bond of the year, as it looks to replicate the success of other eurozone sovereign syndications so far in 2019.
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BOC Aviation took advantage of upbeat market conditions to raise $500m from a quick drive-by transaction.
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Dollar SSA issuance picked up in earnest this week after a slower than usual start to the year, with a rich variety of borrowers printing deals, some in record size or with record books. Conditions are such that SSA bankers are confident supply will keep coming and demand stay high for the next few weeks — cheering news for one sovereign issuer looking to make a comeback in the currency.
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