Player FM 앱으로 오프라인으로 전환하세요!
The bonds of summer: primary markets are go as LG Chem smashes records
Manage episode 371327230 series 2950782
◆ "Nobody on the road, nobody on the beach," as issuers spy their chance
◆ Why SSAs are in prime position for the rest of the year
◆ A record breaking deal in Asia's equity-linked bond market
Don Henley lamented the lack of people on the road and the beach in his song The Boys of Summer. Some in the bond markets might be thinking the same almost 40 years later as there appears to be very little let-up in issuance activity, putting paid to the old saw that summer is an idle period for primary markets.
We find out why bank issuers in particular are looking for opportunities to raise debt capital and what the risks could be of entering the corporate bond market.
One issuer group in a strong position, however, is SSAs. We find evidence in a syndication from the EU this week that the balance of power lies very much with the borrowers.
Meanwhile, LG Chem issued a stunning dual tranche $2bn exchangeable bond this week, smashing all sorts of records in the process. We examine the deal and find out discuss the next lot of equity-linked issuance is coming from given the clear investor appetite for the product.
142 에피소드
Manage episode 371327230 series 2950782
◆ "Nobody on the road, nobody on the beach," as issuers spy their chance
◆ Why SSAs are in prime position for the rest of the year
◆ A record breaking deal in Asia's equity-linked bond market
Don Henley lamented the lack of people on the road and the beach in his song The Boys of Summer. Some in the bond markets might be thinking the same almost 40 years later as there appears to be very little let-up in issuance activity, putting paid to the old saw that summer is an idle period for primary markets.
We find out why bank issuers in particular are looking for opportunities to raise debt capital and what the risks could be of entering the corporate bond market.
One issuer group in a strong position, however, is SSAs. We find evidence in a syndication from the EU this week that the balance of power lies very much with the borrowers.
Meanwhile, LG Chem issued a stunning dual tranche $2bn exchangeable bond this week, smashing all sorts of records in the process. We examine the deal and find out discuss the next lot of equity-linked issuance is coming from given the clear investor appetite for the product.
142 에피소드
모든 에피소드
×플레이어 FM에 오신것을 환영합니다!
플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.