RCI pays NIP but gets €300m far tighter than January level
RCI Banque, the finance arm of Renault, launched a €300m 18 month bond today, its first issue since January 4. The note was priced far tighter than that transaction, showing how far RCI’s spreads have come in – even though the leads priced it at the wide end of initial price thoughts.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: