Siemens, Fortum show strength of euro IG

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Siemens, Fortum show strength of euro IG

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Symbol of inflation and diagram of coins with the background of the EU flag | - Fotolia

Siemens, the German engineering group, and Fortum, the Finnish electricity company, hit the corporate bond market on Tuesday with big, multi-tranche euro deals totalling €5.5bn. Both achieved great terms at long tenors in an otherwise quiet market.

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