Aéroports de Paris raises €400m in choppy markets
Aéroports de Paris issued a €400m long 10 year bond on Tuesday that achieved a large order book, despite volatile trading as markets were rocked by reports — later denied — that EU leaders had called off Wednesday’s summit.
Lead managers BNP Paribas, Natixis, Royal Bank of Scotland and Société Générale put the A+/A+ rated deal on screens quite late in the day, leading one banker away from the deal to surmise that they had been "building a soft book" before announcing it.
A banker at one of
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