Finmeccanica pricing is ‘spot on’ for today’s market

05 Jun 2008

The Italian aerospace group Finmeccanica has launched a Eu3.2bn acquisition facility, pricing for which indicates how far western Europe’s investment grade syndicated loan market has moved since the start of the year.

The borrower, rated A3, is paying 70bp over Euribor for its one year pieces and 85bp for ...

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