Corporate issuers revel in revived demand
The sun has brought out a host of corporate borrowers this week, including General Electric, Vodafone and Volkswagen. National Grid Gas has mandated Deutsche Bank, JP Morgan and Société Générale as bookrunners on its deal. Paccar, a maker of heavy trucks, has set price talk on its Eu500m three year bond at mid-swaps plus 85bp. Read EuroWeek on Friday to learn how investors absorb this stream of issues.
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