GC Asia
Scania taps four year note for €100m
Scania, the Swedish truck maker, tapped its September 2017 bond today for €100m.
Danske Bank was sole lead but sold the bonds publicly, swelling the deal’s size to €350m.
Initial price thoughts of 40bp over mid-swaps were revised to 38bp-40bp guidance and the bond was priced at 38bp to yield 1.58%.
Just under 20 investors were involved, with about 40% of ...Please take a trial or subscribe to access this content.
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