About six companies are considering new capital raises in the US investment-grade primary market on Wednesday, according to Bloomberg citing an informal poll of syndicate underwriters
- Notes this is a slowdown vs 24 issuers flooded the market for the past two sessions, selling more than USD 33bln.
Context
The news indicates a slowdown in new capital raises in the US investment-grade primary market, with only six companies considering offerings on Wednesday, compared to 24 in previous sessions. This drop may reflect heightened caution among issuers or shifting market conditions. Investors should watch for implications on supply/demand dynamics in the fixed income space, particularly following a significant influx of issuance that raised over USD 33 billion recently.
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