IG corporates kick week off with bulging order books

By Mike Turner
14 Oct 2019

High grade corporate borrowers were quick out of the traps on Monday, cramming in before the blackout period to raise around €5bn-equivalent of bond funding from order books many multiples of that.

Deutsche Bahn followed up last week’s hybrid bond roadshow with a €2bn deal split equally between perpetual non call 5.5 and 10 year tranches. German car parts company ZF Friedrichshafen came to the public markets for a €2.7bn multi-tranche trade after hitting the Schuldschein market for a similar ...

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