As geopolitical tensions caused a pullback in many of the world’s major indices, the new issuance market seemed to shrug off any concern as the week’s issuance volume increased to 32 deals (3 IPOs, 14 FOs, 10 BLKs, and 5 CVTs) for aggregate proceeds of $8.4B.
In a week that turned the calendar to the first week of August, the new issuance market saw a marginal increase in volume as 13 deals (2 IPOs, 7 FOs, 2 BLKs, and 2 CVTs) priced for aggregate proceeds of $3.0B.
Last week, the new issuance market welcomed 12 deals (5 IPOs, 4 FOs, 2BLKs, and 1 CVT) to the market for aggregate proceeds of $2.0B, following the 23 deals for $9.5B in total proceeds the week prior.
Amid an official summer heat wave, the new issuance market brought some heat of its own, welcoming 23 deals (6 IPOs, 14 FOs, 2 BLKs, and 1 CVT) for aggregate proceeds of $9,461.5M.
As both Andy Murray and Novak Djokovic were eliminated in the quarter-final stage of Wimbledon last week, the capital markets brought eight deals (1 IPO, 7 FOs) to market for aggregate proceeds of $833.7M.
The shortened Independence Day week brought with it a relative cooldown in the new issuance market, as only 2 deals (1 FO, 1 BLK) priced for aggregate proceeds of $473.8M.
While many are looking forward to the fireworks for the Fourth of July celebration, the new issuance market also had something to celebrate as 22 deals (9 IPOs, 9 FOs, 3 BLKS, and 1 CVT) priced for $3.5B in total proceeds.
As last week brought the first official day of summer, the new issuance market saw an increase in temperature as 18 deals (6 IPOs, 7 FOs, 3 BLKs, and 2 CVTs) priced for aggregate proceeds of $5.1B.
As the Golden State Warriors were crowned champions of the NBA for the second time in three years, the new issuance market slowed to 14 deals (2 IPOs, 8 FOs, 3 BLKs, and 1 CVT) for $2.1B in aggregate proceeds.
As the Golden State Warriors marched toward history, taking their undefeated playoff streak through the third game of the NBA Finals, the capital markets showed resilience as 18 deals (2 IPOs, 6 FOs, 6 BLKS, and 4 CVTs) came to market last week for aggregate proceeds of $4.9B.