Essilor and Fresenius launch seven tranches between them

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By Mike Turner
20 Nov 2019

High grade companies stormed the European bond market with an array of tranches on Wednesday, and investors snapped up the trades, despite it being so late in the year.

French-Italian eyecare company EssilorLuxottica and Germany’s Fresenius Medical Care issued multi-tranche deals on Wednesday.

EssilorLuxottica (A2/A) came with a strong four tranche trade. It was raising money for general corporate purposes and to refinance the bridge loan commitments linked to its €7.9bn acquisition of optical retailer Grandvision over the ...

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