.png){kind=logo}
GC Asia
Investors respond well to Ahold’s return to bond market after over a decade away
Ahold Delhaize, the Dutch supermarket company, was the only IG corporate issuer to price a deal on Tuesday. But unlike the five triple-B rated issuers on Monday, the food retailer paid a single digit new issue premium.
A syndicate manager on the deal said Ahold’s French competitors, Auchan and Carrefour, were the main comparables, although some investors also looked at recent deals from Carslberg and Philips.
Lead managers Bank of America Merrill Lynch, Deutsche, Goldman Sachs and JP Morgan had roadshowed the ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
-
Latest news from Corporate Bonds
-
Avic Capital relies on lead manager support for $400m bond
07.45 AM -
Green convertibles arrive with Neoen blowout
28 May 2020 -
US corp bond sales slow but Fed keeps spirits up
28 May 2020 -
ESG offers way out of panic market as investors bundle in
28 May 2020 -
Firmenich kick-starts hybrid market in Europe with solid inaugural deal
28 May 2020
-
-
Latest news from Corporate Bonds
-
Avic Capital relies on lead manager support for $400m bond
07.45 AM -
Green convertibles arrive with Neoen blowout
28 May 2020 -
US corp bond sales slow but Fed keeps spirits up
28 May 2020 -
ESG offers way out of panic market as investors bundle in
28 May 2020 -
Firmenich kick-starts hybrid market in Europe with solid inaugural deal
28 May 2020
-
