ALD opts for defensive €500m two year FRN ride

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ALD opts for defensive €500m two year FRN ride

Smartphone with logo of French company TEMSYS S.A. (ALD Automotive) on screen in front of business website. Focus on center-left of phone display.

Limited issue size and the floating rate lure investors to the pre-CPI deal in an otherwise quiet day for FIG issuance

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