Nestlé ignores dark clouds, sells freak $900m Eurodollar
Nestlé, the Swiss foods group, sold an ultra-rare benchmark bond on Thursday, and the deal was typically eccentric — a syndicated Eurodollar note that swelled from $300m to $900m during the day as buyers swarmed to one of Europe’s most highly prized and scarcest corporate issuers.
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
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts