Vier Gas, SBB Norden enjoy success in quieter market
After two huge days of corporate bond issuance, Thursday was much quieter, with issues only from Vier Gas Transport and SBB Norden — not because the market was worse, but just because most of the issuers that wanted to come this week had crowded into the first two days.
It left bankers musing on the market’s perennial inability to schedule transactions in an orderly way — but then, no one thought the crush on Tuesday and Wednesday had harmed execution.Vier Gas Transport, which owns Open Grid Europe, Germany’s largest gas pipeline network, has an A- (stable) ...
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