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The company announced his departure on Friday
Successful corporates and FIG bonds belie move to ‘higher volatility regime'
US due to impose swingeing tariffs next week
Investors say the punitive tariffs on imported vehicles and parts are "worse than expected"
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◆ Borrowers keep an eye on headline risk ◆ But trades land inside fair value ◆ Manchester Airport has blow-out debut -
◆ Sterling still open for business ◆ Slight preference for longer tranche ◆ Wessex Water next up
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◆ Risk sentiment extends nosedive ◆ Corporate issuers shrug it off, paying small to negative new issue concessions ◆ Orders remain sticky
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As US exceptionalism wavers, corporate bonds become the haven for bruised money
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◆ Wessex Water and Bunzl in sterling ◆ Manchester Airport and Mondi in euros ◆ Market shrugs off Friday’s weak non-farm payrolls number
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Biggest corporate deal of the year follows Synopsys' $10bn to buy Ansys
