Sias and Sixt print deals as trend for the exotic continues

21 Oct 2010

Europe’s corporate bond market got a further taste of issuance from rare borrowers this week when Italian toll road operator Sias printed a Eu500m debut and German car rental firm Sixt sold a Eu250m note.

Supply from blue chip companies has been low in the last few months. Lesser known credits have been partly filling the void, many of them tempted to the capital markets for the first time because of the historically low coupons on offer.

Last week Corio, a Dutch property developer, ...

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