Wienerberger reaches goal of broad distribution with mere €300m deal
Wienerberger, the Austrian company that is the world’s largest brickmaker, brought its roadshow to fruition on Thursday with a €300m bond that satisfied its ambition to distribute a deal broadly, outside its home investor base of the retail-dominated Austrian market.
Rated Ba2 with a negative outlook, the company has issued several times before, usually at sub-benchmark sizes, and in a variety of formats including a hybrid, a Belgian-targeted retail bond and several domestically focused issues.
This time, it employed Commerzbank and Raiffeisen Bank International to take it on ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
