Corporate issuer variety eases multi-trade digestion

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By Michael Turner
31 Aug 2017

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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