Kingspan goes big in grand return to PPs

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By Silas Brown
14 Sep 2020

Irish insulation firm Kingspan has raised €750m-equivalent in US private placements, in its first green issue in the market.

Bank of America and NatWest Markets arranged the transaction, with an initial target of €300m. According to market sources, the deal proved popular, with an order book topping €1.2bn.

“The Kingspan deal shows the sheer amount of liquidity available to European issuers in the PP market at the moment, ...

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