German price tightening continues with SAP loan
The trend among German companies to price new loans tighter than the most recent deal in the market got back on track this week after business software company SAP launched a €2bn loan into general syndication, priced at around 20bp.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
