Nestlé, LVMH sell €500m to eager buyers
Nestlé and LVMH both sold intermediate maturity euro bonds of €500m on Thursday, and while the French luxury goods group got a much bigger book, both were successful deals, bankers said. Nestlé has been a more active bond issuer in the past year than for a long time, thanks to its acquisition of Pfizer’s baby milk business.
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