LEG woos investors for dual trancher priced over Vonovia

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LEG woos investors for dual trancher priced over Vonovia

Mike Turner
November 19, 2019 05:00 PM
LEG_Immobilien_HQ_Alamy_230x150_19Nov19
F3Y50D Duesseldorf, Germany. 21st Sep, 2015. The headquarters of real estate company LEG Immobilien AG in Duesseldorf, Germany, 21 September 2015. Photo: Maja Hitij/dpa/Alamy Live News | dpa picture alliance / Alamy Stock Photo/Alamy Stock Photo

LEG Immobilien, the German property company, marketed a multi-tranche bond on Tuesday. Investors looked at the curve of domestic rival Vonovia to divine relative value.

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Mike Turner
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