CRH’s fairly priced tap attracts improved level of demand
Caisse de Refinancement de l’Habitat returned to the market on Thursday for the first time since March, with a fairly priced re-opening of its €1bn January 2025 through joint leads BNP Paribas, LBBW, Natixis and Société Générale. The transaction was the only one this week that was genuinely oversubscribed. By setting price talk at an attractive initial level guidance could be tightened without losing an order.
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