The notes came at 108.261 and 340bp over mid-swaps, to yield 4.169%.
"The bonds were trading exceptionally tight in the secondary market," said a banker close to the transaction. "We priced it with a one point discount."Italcementis 350m notes, issued in February this year, closed at just over 109 ...
Please take a trial or subscribe to access this content.
Contact Mark Goodes to discuss your access: firstname.lastname@example.org