Capgemini twins new issues with buy-back but pays generous premium
![Capgemini Biarritz](https://assets.euromoneydigital.com/dims4/default/fd60db9/2147483647/strip/true/crop/218x149+0+0/resize/840x574!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fd8%2F17%2F4ac0a6a4dbef11695caf4e63dee9%2Fcapgemini-pa-230x150.jpg)
French consulting company Capgemini wasted no time after the Easter break in announcing a new dual-tranche corporate bond issue on Tuesday. The benchmark tranches had 6.5 year and 10 year tenors and were announced alongside a tender offer, but the issuer had to pay a significant premium to its secondary curve.
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