A pair of rare European companies placed large MTNs through Deutsche Bank on Monday. Investors poured into in a seven year tap by Heineken, while Volvo revved in with a 10 year dollar note.
Heineken reopened its 1% May 2026 bond for €200m, taking the amount outstanding to €1bn. The issue price was not disclosed.
“It looks like what’s happening at Deutsche Bank
hasn’t had much of an impact,” said a banker away from the deal, referring to the bank’s announcement this week