ASF, Red Eléctrica price flat to their curves
Two European companies issued bonds on January 11, showing that demand from investors is so eager that borrowers and banks are willing to cast aside caution about bringing deals on Fridays, usually a quiet day in the market. Red Eléctrica de España, the electricity grid company, became the third Spanish issuer of the week with a €400m nine year bond through Bank of America Merrill Lynch, Barclays, Caixa Bank and ING.
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