Corporate issuer variety eases multi-trade digestion
Corporate bond issuers came in droves to the euro market on Thursday to print €2.85bn across six tranches, in a day that took some syndicate desks by surprise with its pace.
Dutch technology company Koninklijke Philips, US personal care company Kimberly-Clark, Dutch real estate services company Vonovia Finance, industrial goods company CNH Industrial Finance Europe and IT leasing company Grenke Finance all raised euros on Thursday.“We knew there was a lot of supply coming,” ...
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