Safe Wesfarmers grows bond to €600m in turbulent market

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Safe Wesfarmers grows bond to €600m in turbulent market

Wesfarmers, the diversified Australian retail, chemicals, energy and insurance group, attracted a €1.2bn book for its seven year bond on Tuesday, allowing it to increase the size from an expected €500m to €600m while still paying a new issue premium of 5bp or less.

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