Unibail prices aggressively, Anglo exercises greenshoe

The Eu575m convertible from French property business Unibail-Rodamco became one of the more aggressively priced bonds in the equity linked market, paying a coupon of 3.5%, at the middle of the indicated range. Anglo American further highlighted the popularity of asset class and exercised a $200m greenshoe option, taking the deal size to $1.7bn. EuroWeek on Friday analyses if pricing in the convertibles market will soon reach the aggressive levels of last year.