Drugs company Ferring debuts benchmark bond in Swissies

pills adobe stock 575x375 pharmaceuticals
By Frank Jackman
25 Jun 2020

Pharmaceutical manufacturer Ferring launched its first public bond on Thursday. The sector's prominent role during the coronavirus pandemic helped to drive up demand.

“This was a very successful transaction,” said a Swiss based banker. “The market was tricky this week, and investors were very cautious when approaching credit. With Ferring, a couple things worked out for it — in particular, investors have seen the health and pharmaceutical sector as standing out ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial