Steinhoff makes itself comfortable in euros

poundland
By Nigel Owen
20 Jul 2017

Steinhoff Europe made its debut in senior euro corporate bond markets on Monday and was the only issuer to offer investors a transaction on the day. The €750m 7.5 year deal followed a European roadshow last week.

The roadshow for the Baa3-rated issuer was well attended, with Steinhoff having informed investors of its intention to issue a benchmark six to nine year bond. BNP Paribas, ...

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