US hybrids blaze ahead with Burlington, ILFC and Zurich

16 Dec 2005

US investors' voracious appetite for yield led them to gobble up three more highly successful deals for $1.9bn this week, on top of the $1.7bn two insurance groups raised last week.

Investors bombarded the lead managers with almost $9bn of orders for three tax-deductible cumulative preference share issues, all ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial