GECC and France Télécom revive Samurais

18 Nov 2011

GE Capital and France Télécom both issued Samurai bonds on Thursday, tapping a market that has been quiet in recent months.

Interestingly, GE appears to have issued despite the cost of funds being no better than it could have achieved in dollars, or even slightly higher — while FT obtained an after-swap saving it was pleased with.

The Aa2/AA+ rated conglomerate, a longstanding Samurai borrower, has not issued in the ...

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