Scorching demand gives Danone record hybrid, Verizon, P&G great terms
Fabio Ticozzi/Tiller - stock.adobe.com
Has Europe’s corporate bond market ever been hotter than today? Perhaps, but Monday’s four investment grade deals totalling €7.4bn offered ample evidence of extraordinary demand — not least, what is believed to be the most tightly priced corporate hybrid capital issue ever, for Danone.
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