Investors want more, more, more as Jumbo closes Schuldschein

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By Silas Brown
23 Apr 2021

Jumbo, a privately owned supermarket chain with stores in Belgium and the Netherlands, has closed a debut Schuldschein at €200m, according to market sources. New deals are proving popular, as low levels of deal flow cannot slake investors' thirst for assets.

Though the deal's final size doubled to €200m due to demand, sources close to the transaction said Jumbo could have borrowed far more. Three, five and seven year tranches were priced at 75bp, 95bp and 115bp over mid-swaps for fixed rate notes and six month Euribor for floaters. 

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