Mondelez dips from Swiss francs into euros for €700m

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Mondelez dips from Swiss francs into euros for €700m

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FILE - In this Feb. 9, 2011 file photo, a shopper selects Oreo cookies at a Ralphs Fresh Fare supermarket in Los Angeles. Mondelez International Inc. reports quarterly financial results after the market closes on Wednesday, Feb. 12, 2014. (AP Photo/File) | Anonymous/AP/Press Association Images

Euro issuance had been subdued this week, with issuers reluctant to clash with AB InBev's $46bn deal, but it picked up hours before the brewer's launch on Wednesday.

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