More mandates as European corporate debt soars to €6.4tr

Japan Tobacco woman smoking from Adobe 18Nov19 230x150
By Mike Turner
18 Nov 2019

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 ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial