Crossover-rated Cellnex impresses with 12 year bond

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Corporate Bonds
High grade and crossover bonds

Crossover-rated Cellnex impresses with 12 year bond

Mike Turner
February 11, 2021 05:15 pm
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panorama with two telecommunications towers against sea and sky | Sergio Donà/itestro - stock.adobe.com

Cellnex, the acquisition-hungry Spanish telecoms infrastructure company, proved the demand for riskier corporate debt on Tuesday, when its €2.5bn bond issue won applause for pushing a crossover credit out to a 12 year maturity.

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Mike Turner
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