May 15, 2024 14:52 GMT
Amprion (AMPRIO Baa1/NR/BBB+): New Issue Performance
UTILITIES
• 44s priced at B+140.2, now quoted B+143/142.
• 31s priced at B+120.7, now quoted B+120/119.
• We were somewhat surprised by 44s pricing through EOANGR, given the secondary curves trade~10bp apart. Trading marginally wider than reoffer, these are left one of the few of this weeks new issues not performing.
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