Scania taps four year note for €100m

By Jon Hay
09 Sep 2013

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 ...

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