Spate of good corp bonds amid the noise
In a very busy week in Europe's corporate bond market, with added noise from secondary market volatility, several issues were nevertheless priced quietly and efficiently.
European property company SEGRO European Logistics Partnership (SELP) sold its second ever corporate bond on Monday. Lead managers BNP Paribas and NatWest Markets launched the eight year deal with a €500m no-grow size and initial price thoughts of 115bp over mid-swaps.Investors were guided to ...
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