AB InBev, VWFS issue big on down day, but chunky concessions are back
The new pattern that investment grade companies will dare to issue bonds in the European market, even on days when stockmarkets are falling, was confirmed today when Anheuser-Busch InBev launched a three tranche bond that will be at least €4bn, while Volkswagen has brought the first car company bond since the crisis intensified, although it is from its financial services arm, which is backed by loans.
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