Unibail-Rodamco joins the trend, scorning to pay pick-up
In this week’s super-hot European corporate bond market, there was a sudden lull in issuance on Thursday — all the better for Unibail-Rodamco, the French property company rated A/A, which launched its first bond of the year.
The 750m seven year deal, led by ABN Amro, Crédit Agricole, Deutsche Bank, Morgan Stanley and Société Générale, followed a 500m six year issue on December 6.
That deal came at a good moment, after an agreement between French president Nicolas Sarkozy and German chancellor Angela Merkel, but
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