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

Imperial Tobacco goes long for a Baa3 and finds heavy demand

Imperial Tobacco logo

Multi-billion euro tobacco bonds are rare, but this week has produced two in as many days. They nearly came on the same day, but Imperial Tobacco decided discretion was the better part of valour yesterday when Philip Morris International got into the market ahead of it, before 8am London time.

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