BNP Paribas and HSBC announced the Baa2/BBB stably rated bond as a benchmark on Tuesday morning at initial thoughts of 130bp area over mid-swaps.
They tightened guidance to 120bp-125bp and priced 1bn at the tight end."Its a great deal, whatever way you look at it," said one banker away ...
Please take a trial or subscribe to access this content.
Contact Mark Goodes to discuss your access: email@example.com