Midday Commentary: Investor demand still strong; primary sees Rule 144A deals

By Aleesia Forni

Columbus, Ohio, Sept. 20 - The rush of issuers coming to the investment-grade market continued on Thursday in the primary, while the secondary market environment is still "risk-on."

"I really don't see [investor] demand going anywhere," one trader said at midday, referring to the continuing strong interest in new deals.

Though the primary market saw more Rule 144A and foreign deals versus the Securities and Exchange Commission-registered offerings seen previously this week, primary activity remained strong.

Among the names announcing Thursday were Anglo American Capital plc, Schneider Electric SA, and National Australia Bank.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.