BT finds plenty of subscribers for Friday deal with little premium

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Corporate Bonds

BT finds plenty of subscribers for Friday deal with little premium

Nigel Owen
September 21, 2018 01:15 pm
BT 230x150
The BT workstyle building in Sevenoaks, Kent. Enquiries about this image can be made to the BT Group Newsroom on its 24-hour number: 020 7356 5369. From outside the UK, dial +44 20 7356 5369. News releases and images can be accessed at the BT web site: http://www.bt.com/newscentre. Mandatory Credit: Adam Liversage / BT

UK telecoms provider BT Group avoided competing with six new issues on Thursday and found itself with no competing supply for its latest corporate bond deal on Friday. While BT’s ambitions for the size of its deal this time were more modest than previous trades, the demand was still strong, allowing it to print tight to secondary levels.

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