Pharma pair dispel IG market jitters with bumper books

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Pharma pair dispel IG market jitters with bumper books

Nigel Owen
February 07, 2018 12:45 pm
Euro Book
The concept is the European currency in the red book, the symbol of the euro. The idea: to save, save money. | Gerasimov_foto_174/gerasimov174 - stock.adobe.com

The plunge in global stock prices has only caused the European investment grade corporate bond market to close for one day. On Wednesday, two pharmaceutical companies from different ends of the the ratings spectrum brought multi-tranche deals which attracted more than €9.5bn of combined demand.

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Nigel Owen
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