Carrefour’s yard appeals as funds seek core paper

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Carrefour’s yard appeals as funds seek core paper

Carrefour’s credit does not have the same sheen of rarity as Würth’s or Caterpillar’s, but the French supermarkets group still sold a successful €1bn bond on Tuesday, despite the competition of a parallel and simultaneous six year issue by Telefónica that offered 100bp more spread.

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