GDF Suez uses hybrid to replace dearer debt
GDF Suez is using its €1.7bn hybrid capital issue this week in an unusual way — to finance the repurchase of other bonds, most of them senior debt.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts