JAB prices 37bp wide of A2A SLB despite better rating

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

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Corporate Bonds
High grade and crossover bonds

JAB prices 37bp wide of A2A SLB despite better rating

Mike Turner
July 07, 2021 04:30 PM
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The disparity between ratings and spread levels was highlighted in the euro high grade corporate bond market on Wednesday, after German conglomerate JAB Holdings opened books on a deal 40bp wide of lower rated Italian utility A2A, despite the same maturity and size.

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Topics

SantanderGreen and Social BondsJP MorganIntesa SanpaoloBank of AmericaCitiCorporate BondsBBVABNP ParibasUniCreditSRISociété GénéraleHigh grade and crossover bonds
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Mike Turner
Corporate Debt Editor
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