Corporates clamour for pre-Easter funding
Corporate issuers hoping to access funding before the Easter break next week propelled yesterday’s supply to nearly Eu3bn of bonds were issued yesterday, and the week only looks set to get busier. Utility firm Vattenfall and French retailer Auchen are both looking to issue dual tranche transactions, while Securitas is marketing a four year trade through BNP Paribas, Nordea and the Royal Bank of Scotland. To find out how this and all the deals in the market this week performed, read EuroWeek on Friday. Click here for our previous coverage: Heady days for corporate bonds as unrated names join Eu9bn spree, defy fundamentals, credit news, page 10.
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