It’s poised to be a muted finish to October for most of the US credit primary market, following one of the
- Most Fridays don’t have investment-grade issuance, but there are also no junk-bond deals in the pipeline and just two loans have lender commitments due today
- Leveraged-finance deals have been down sharply all month, with junk-bond issuance and leveraged-loan launches both less than half of September’s levels
- Meta’s
$30 billion offering drew $125 billion of investor orders, the most ever, and helped propel high-grade bond sales to anOctober record despite muted ...