Corporate issuers enjoy central bank friendliness

By Alex Radford
19 Jun 2019

Central bank utterances this week, including a keynote speech by Mario Draghi, president of the European Central Bank, on Tuesday and a Federal Open Market Committee meeting due on Wednesday, have done little to deter corporate bond issuance in Europe this week — in fact, they appear to have encouraged it.

Despite the Fed meeting on Wednesday afternoon, Dutch-Belgian supermarket group Koninklijke Ahold Delhaize (Baa1/BBB) has announced an expected €500m six year sustainability bond. The deal follows recent sustainability bonds issued by other retailers: Otto of Germany and the Co-op in the UK.

Bookrunners Bank of America Merrill Lynch, BNP ...

Please 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.

Free Trial

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.