TenneT hits high with heavily hyped hybrid
TenneT issued the first corporate hybrid bond in euros in nearly two years yesterday. In one of the most anticipated deals of recent months, the state-owned Dutch utility printed Eu500m of perpetual non-call seven paper, along with Eu500m each of five and 12 year senior bonds. To find out more about this deal and which other companies are considering the hybrid structure, read EuroWeek this Friday.
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