Issuers reprice curves in exuberant high grade corporate bond market

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By Mike Turner
12 Jan 2021

Europe’s high grade corporate bond market is showing no signs of slowing down, with new issues again breezing through fair value.

Holcim Treasury, part of Swiss cement company LafargeHolcim, a rare trade from Italian conglomerate Exor, Finnish property company Hemso, car financier PSA Banque France and German energy company E.On all found success in the market on Tuesday.

“It’s fast and furious,” said a lead on one of Tuesday’s deals. ...

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