Companies get the hang of volatile markets... ...as blue chips fire deals on rollercoaster days
The European corporate bond market seems finally to have learned resilience, on the evidence of this week’s output of three deals, despite a wrenching sell-off on Tuesday and chaotic news all week on Europe’s sovereign debt crisis.
All three issuers were blue chips: the ever-popular Volkswagen Leasing on Monday, rare and non-cyclical British American Tobacco on Wednesday and Thursday’s France Télécom, which does not seem to be regarded as tainted by its French origins.
But until recently, even such companies would have shied away from issuing ...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.
