The US high-yield market as of midday on Friday had priced one deal for US$2.25bn, but bankers say this week will be busier as the pipeline builds and market conditions stabilise. Leveraged finance bankers expect at least US$10bn in supply this week, anchored by an anticipated jumbo financing from Altice, although there is no guarantee this deal will surface (see EMEA). Those expectations come after a few days of stability in the market last week, with market sentiment getting a boost from the release of the Fed minutes showing that the central bank is in no rush to raise rates.
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