Cadent transition bond blows out, comes with no NIP
by Jon Hay
March 04, 2020 06:30 PM
Cadent Gas launched what by some counts is only the second transition bond on Wednesday and achieved a stellar reception in the market. The €500m no-grow bond was priced without a new issue concession and tightened sharply on the break, according to a banker on the deal.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.