McDonald’s, Lyonnaise take €500m each despite rough markets

16 Nov 2012

Despite bruising falls in European and US stockmarkets and widening credit indices, three European corporate bonds were priced today, achieving good demand.

McDonald’s Corp needed no introduction or advance notice before knocking on European investors’ doors for a €500m 12 year bond this morning. Less of a shoo-in was Société Foncière Lyonnaise, the French property company that had to pull a €500m issue on September 11.

In the Nordic region, Cramo, ...

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