The customary summer slowdown couldn’t come sooner for the participants in Europe’s debt market after an intense 18 months of deals and travel bans kept them tied to their desks.
Junk debt sales for the year to date are already close to surpassing 2020’s record amount -- and the deals keep on coming. Investment grade issuance has slowed from the ferocious levels of debt-raising when the pandemic first struck, but activity throughout 2021 remained brisk right up until this week. September is looking no less busy.
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July 23, 2021 at 12:00PM
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Debt Market Dealmakers Crave Summer Break Amid Frenzied Activity - Bloomberg
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