All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
Corporate BondsHigh grade and crossover bonds

Bubble called as H&M debut soars

adobestock_H&M2_575x375_Feb21

Hennes & Mauritz, the Swedish clothing retailer, earned blowout demand for its sustainability-linked debut bond, but bankers off the trade said on Thursday that the exuberance was indicative of just how far capital markets have strayed from reality.

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