Acea and Bruxelles Lambert ready deals for ECB day

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By Mike Turner
20 Jan 2021

Deals are lining up in Europe’s high grade corporate bond market and bankers say even Thursday's European Central Bank meeting will not put a dent in primary demand on the day.

Italian multi-utility Acea and Belgian holding company Group Bruxelles Lambert have mandated for bond issues.

“Tomorrow['s ECB meeting] is a non-entity,” said a lead banker on one of the trades. “It won’t make any difference at all.”

Acea, rated Baa2/BBB+, has hired a plethora of banks to arrange its debut ...

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