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Corporate Bonds

Dutch Eneco heads off concerns over grid unbundling to issue €500m hybrid

Eneco 230x150 wall monitor

Eneco, the Dutch gas, electricity and heating producer and supplier, issued a €500m hybrid bond last Friday. Demand for the perpetual non-call seven year issue was strong, despite competing issuance, volatility on Thursday and uncertainty around a Dutch unbundling law that could affect the sector.

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