BMW, Honda, Orange get market in September mood

By Stefanie Linhardt
28 Aug 2013

BMW Finance, American Honda and Orange ended the summer corporate bond deal drought, selling €3.5bn of bonds on Tuesday, ahead of what is expected to be a busy September.

BMW Finance and American Honda sold €2bn between them. BMW priced €500m of three year floating rate notes at Euribor plus 22bp and €750m of seven year notes at mid-swaps plus 35bp, while American Honda issued €750m of six year bonds at 35bp over. 

Orange, the rebranded France Télécom, ...

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