Spreads super-tight as Unilever raises €1.9bn

By Nigel Owen
27 Jul 2017

Forecasts that Europe’s corporate bond market would be all but closed for the summer this week were belied by Unilever on Monday when it launched its biggest-ever euro bond and took some of the tightest corporate pricing ever.

The Anglo-Dutch consumer goods group has had an eventful first half to the year, having fended off an unwanted takeover by Kraft Heinz and adjusted its strategy as a result, including a share buyback programme. But none of this has hurt its standing in the bond market, to ...

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