All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Emerging Markets

Car firms dominate corporate traffic

Volkswagen Bank is in the market with a Eu500m two year bond. Bookrunners Deutsche Bank and ING have set guidance at 48bp-50bp over mid-swaps, and the books are said to have reached Eu900m. Meanwhile, Daimler will issue a two year benchmark fixed rate euro bond this week through Barclays Capital, BayernLB and Société Générale. Hypermarket operator Groupe Auchan has set guidance at mid-swaps plus high 50s for a Eu150m-Eu250m tap of its 5% April 2013 bonds. Natixis and Société Générale are the bookrunners. Read EuroWeek on Friday to find out how these issues performed.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree