Vodafone dials up $11.5bn record issuance

By David Rothnie
24 May 2018

Vodafone was welcomed with open arms in the US as it printed the biggest dollar bond in its history, executing a quick fire acquisition financing.

Supply on Thursday was limited to a 10 year bond from Norwegian chemicals company Yara International, as the calendar slowed down in the run up to the holiday weekend. “It’s been a respectable month, if not a spectacular one,” said one syndicate official. “We’ve seen a couple of borrowers ...

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