More mandates as European corporate debt soars to €6.4tr
Japan Tobacco and Yorkshire Water have given mandates for new euro and sterling bonds, respectively, as S&P Global says the amount of European corporate debt it rates has grown to €6.44tr.
Japan Tobacco, rated A1/AA-, has hired Crédit Agricole as global coordinator and Citigroup and Standard Chartered as bookrunners to arrange a €500m no-grow 10 year Reg S trade through Japan Tobacco International Financial Services BV.In sterling, UK water supply company Yorkshire Water, rated Baa1/A-/A, has picked Barclays, HSBC ...
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