Realistic view helps Bertelsmann succeed on second take

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Realistic view helps Bertelsmann succeed on second take

Best Offer Book
Business Concept: Closed Book with Title Best Offer in Stack, Closeup View. Book Title of Best Offer. Close-up of a Book with the Title on Spine Best Offer. Blurred 3D Illustration. | Tashatuvango/tashatuvango - stock.adobe.com

German publishing company Bertelsmann returned to the euro corporate bond market on Tuesday to re-market a deal it had pulled in May after setting the spread. This time the issuer priced the transaction at what was seen as a more realistic spread, but the high premium was in part due to the illiquidity of the secondary curve.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article