Henkel five year refi launched at 75bp
Henkel, the German detergent firm, has matched one of the tightest-priced deals of recent weeks — that of Philips’ — with its newly launched Eu700m five year refinancing, paying a margin of 75bp. The aggressive pricing on the deal, which is being led by BNP Paribas, Citi, Commerzbank, Deutsche Bank, Royal Bank of Scotland, Santander and UniCredit, has established a tight standard for top-tier European corporates seeking refinancings. To find out more about this deal and others this week, read EuroWeek this Friday.
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