Telenor and Mondelez come on calmer day

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By Alex Radford
18 Sep 2019

Besides the rare offering of a Chinese issuer on Wednesday, when Jin Jiang International issued a €500m bond, euro corporate bond investors had to make do with two other deals, from Telenor and Mondelez.

This pace of issuance, with a total of €2.5bn of bonds, was much easier, after €13.8bn had come on Monday and Tuesday. 

Investor appetite, however, is buoyant. “I don’t think the market's cooled,” said a banker away from the deals. “The market’s being a little more disciplined than it ...

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