APRR gets low premium despite investor drops

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APRR gets low premium despite investor drops

Motorway Sign
by-studio - stock.adobe.com

French toll road operator APRR had been quiet in 2018 by its own standards, but it sold its first corporate bond deal of the year on Wednesday with a €500m long 11 year trade. It paid a low new issue premium for the deal, but lost a number of orders along the way.

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