High grade corporate investors turn bullish as deals steam through

By Mike Turner
02 Dec 2020

Opportunistic corporate issuers had a strong day of it on Wednesday in Europe's bond market, increasing deal sizes and enjoying bulging order books as investors turned positive on the outlook for the market.

Poste Italiane, the Italian postal service, brought the biggest deal of the day, alongside sub-benchmark issues from car rental firm Sixt and Swedish medical device company Molnlycke. UK energy distribution company National Grid continued the week’s trend for tapping old bonds by bringing its November 2040s up to ...

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