Investors keen for new Ferrari as demand stays in top gear

Ferrari Fans
By Nigel Owen
09 Nov 2017

If the only benchmark euro deal on Thursday had been true to its roots, it would have built a waiting list rather than an order book. But demand still far outstripped supply when Italian luxury sports car manufacturer Ferrari sold its second corporate bond issue.

The two other euro corporate bond deals in the market were both sub-benchmark size, but just as in demand. UK public transport operator National Express sold its first bond in the currency, while the soft drink bottling company Coca-Cola European Partners returned to sub-benchmark size after a recent ...

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