On Wednesday, Penske Truck Leasing (Baa2/BBB+) hit the market with a $750m five year trade that tightened by 25bp to print at 85bp over Treasuries. Bank of America, JP Morgan, MUFG, US Bancorp and ...
Esoteric ABS picked up steam this week, with remarkable oversubscriptions, familiar names from tricky sectors, and even some debutants as tight credit spreads drive investors to less traditional ...
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