EADS ends corporate bond drought

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EADS ends corporate bond drought

EADS Finance, the European aerospace group, today ended the brief drought in the corporate bond market with its first transaction since 2003. BNP Paribas, Calyon and Deutsche Bank are leading the seven year transaction for the A1/BBB+/BBB+, company which is expected to price between 145bp to 155bp over mid-swaps. To find out how investors react to the deal, read EuroWeek this Friday.

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