Acea and Bruxelles Lambert ready deals for ECB day
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 ...