Lagardère targets mid June close for Schuldschein

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By Mike Turner
13 May 2019

France’s Lagardère is set to price and allocate its €150m Schuldschein in one month, as borrowers look to get deals done before the bulk of European investors head off on summer holidays.

The French media company last week launched a five and seven year deal. The five year is offered at Euribor/mid-swaps plus 135bp to 155bp while the seven year is being offered at 155bp to 175bp over, with both benchmarks using a zero floor. 

The size of the deal ...

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