Worldline success shows no sector contagion from Wirecard scandal

payments_Adobe_575x375_28May2020
By Mike Turner
23 Jun 2020

Worldline, the French payments company, received a warm reception from bond investors on Tuesday, putting aside any concerns that the scandal at German competitor Wirecard would sully sentiment towards the sector.

The deal came in a busy day in the markets, with issues from US oil major Exxon Mobil, Italian utility Iren and German flavours company Symrise.

Worldline, rated BBB, opened books on a €500m no-grow June 2023 at 115bp over mid-swaps and on a €500m no-grow June 2027 at ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial