High grade corporates get bumper demand despite ECB meeting

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By Mike Turner
21 Jan 2021

A trio of European corporate issuers brought bond deals on Thursday, shrugging off the potential distraction of a European Central Bank meeting.

Italian multi-utility Acea issued its debut green bond in euros and the UK’s United Utilities Water a sustainable bond in sterling, while Belgian investment holding company Groupe Bruxelles Lambert (GBL) issued a conventional January 2031 bond.

The two ESG deals were the most popular of the day. 

“It’s ESG,” said ...

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