Playing two secondary offerings this morning, we have been told by our contacts at the Ibanks that there is going to be a flood of issuance- meaning they have deals in the hopper that they are working on. Ill report later on how these two deals for todays pricing work.
As far as the markets look the SPUZ are down 3 bucks - so no fireworks either way pre market - we can assume that at some point today the rabid and relentless buyers will press em higher.
Have a good day
JB
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