PSA, Terna ultra-tight, Voest gets bijou book
Four new corporate bonds hit the market on Wednesday. In a change from recent days, all the deals were of moderate size and single tranched. Terna, the Italian grid operator, and Banque PSA France were typical in launching €500m no-grow deals. Book sizes diverged strongly, with those two issuers getting heavy oversubscription, while Aroundtown and Voestalpine had much less.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: