Essity's sub-benchmark bond gets plenty of traction

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Corporate Bonds
High grade and crossover bonds

Essity's sub-benchmark bond gets plenty of traction

Mike Turner
January 28, 2020 02:15 pm
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Kevin Browne - stock.adobe.com

Essity, the hygiene and health products company spun off by Sweden's SCA in 2017, slipped into the bond market with a €300m no-grow 10 year issue on Tuesday. The issuer was estimated to have paid a low single digit new issue premium.

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SEBHealth and BiotechCommerzbankBank of AmericaSRICorporate BondsHigh grade and crossover bonds
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Mike Turner
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