Debt issuers second-guess volatile markets

Syndicate bankers are being kept on their toes by corporates looking to issue bonds at short notice

Companies that want to issue a bond now have to play a careful waiting game that involves keeping an eye on the political and economic calendar and buckets of patience.

"Traditionally, companies would start a roadshow by holding investor meetings on the Monday and Tuesday in London and Frankfurt and then issue a bond on the Thursday or Friday. But you just can't count on that schedule anymore," said Nancy Utterback, senior credit analyst at Aviva Investors.

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Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust WatchdogExternal link

Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust Watchdog