RCI enjoys comeback as GDF raises Eu2bn

14 Oct 2010

RCI Banque, Renault’s funding arm, made its comeback to the corporate bond market this week after having to pull a benchmark note last month.

The better response to the new transaction typified the strong demand for deals this week, despite some being priced with small new issue premiums. Borrowers were helped by the equity markets rallying and the positive tone in the wider debt markets. Having closed at 470bp last Friday, the ...

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