IAG's €1bn three times covered, VW gets €500m via Goldman

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Corporate Bonds

IAG's €1bn three times covered, VW gets €500m via Goldman

Alex Radford
June 28, 2019 05:00 PM
BA_plane_pa_230x153
May 3, 2019 - Richmond, British Columbia, Canada - A British Airways Boeing 747-400 (G-CIVN) wide-body jetliner lands at Vancouver International Airport. (Credit Image: © Bayne Stanley/ZUMA Wire) | Bayne Stanley/Zuma Press/PA Images

Two companies took advantage of a quiet market on Friday to issue euro bonds. International Airlines Group, owner of British Airways, Iberia, Aer Lingus and Vueling, issued €1bn of bonds that were more than three times covered pre-reconciliation, while Volkswagen Bank printed €500m solely led by Goldman Sachs.

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Topics

JP MorganBNP ParibasBank of AmericaEuropeEMEACorporate BondsGoldman Sachs
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Alex Radford
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