Morgan Stanley
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VP hired in year of changes for US bank’s SSA desk
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Bankers split on expectations as ‘everyone has been in the market’
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◆ Sovereign revisits five year maturity ◆ ‘A little difficult’ to find fair value ◆ Ultra-long tap ditched
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◆ More supras fund in dollars ◆ ADB carries supply with more to come ◆ DBJ opts for no-grow
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◆ US bank matches its own record for the largest FIG deal of 2024… ◆ …as investors lap up further domestic and foreign paper ◆ Issuance also includes subordinated fixed and perpetual debt
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Far left and right could attack tax breaks and pro-business climate that have fostered growth
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Sovereign wins record-breaking order book in first syndication since election
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French agency returns successfully after postponing the deal last month
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'Business as usual' for the sovereign's debt-raising despite change of government
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'Timing was essential' in bringing a deal from the country amid ongoing political uncertainty
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‘Brave’ choice to tap the 30 year part of curve but both tranches proved a hit
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More issuers, possibly including French SSAs, are geared up to tap primary this week