APRR pays early visit to corporate bond market
French toll road operator APRR started its funding plans earlier than previous years when it sold a €500m nine year deal on Thursday. Its November deal was its only transaction in 2018, but even in busier years it has waited until May before getting started.
In November 2018, APRR sold a €500m long 11 year trade, and it has traditionally sold benchmark deals in May and November. However, with €1bn of redemptions due in the first quarter of 2019, the A- rated company decided to start its funding earlier in 2019.
LeadsPlease 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.
