LevFin Wrap - dRegS top up Sterling supply

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Market Wrap

LevFin Wrap - dRegS top up Sterling supply

Huw Simpson's avatar
Kat Hidalgo's avatar
  1. Huw Simpson
  2. +Kat Hidalgo
10 min read

High Yield Primary

The quieter tone of last week rolled over into primary once again. June 2021 numbers went stale for 144a issuers last Friday, and we tracked just two RegS-only deals on Monday, followed by Pinewood on Wednesday. Zooming out, European countries have begun to increase restrictions on fears of a resurgent wave, focusing on unvaccinated populations. Also, after the hairy 6.2% US CPI inflation print, there was another beat as the UK announced CPI inflation of 4.2% YoY, more than double the BoE target, and a near ten-year high. 

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