Stora Enso prints €500m tight, Renault’s book 3.5 times oversubscribed

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Stora Enso prints €500m tight, Renault’s book 3.5 times oversubscribed

Paper and packaging company Stora Enso sold a tightly priced €500m five and a half year bond on Tuesday. The unsecured deal for the Ba2/BB rated company came with a 5% coupon to yield 5.096%.

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