RWE shuns margin grid for refi
RWE will launch a five year plus one refinancing without a margin grid this week as borrowers continue to take advantage of the good issuance conditions to arrange deals with more aggressive structures. After the success of E.On’s five year refinancing last week, the German utility is looking to tap into the demand for paper from underlent banks. To find out more, read EuroWeek this Friday.
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