Autos first out of the blocks in Europe
Volkswagen Leasing sold Europe’s first corporate bond of the year on Tuesday, a Eu1.25bn long four year note that priced at 60bp over swaps, the tight end of guidance. RCI Banque is in the market today with a three year deal that Crédit Agricole, Commerzbank and HSBC are leading. Find out in EuroWeek on Friday when other sectors will start funding.
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