Siemens/Infineon exchangeable hits Eu2bn

06 Jul 2000

DEUTSCHE Bank and Goldman Sachs sold a Eu2bn exchangeable for Siemens into Infineon with aggressive terms this week. Despite a sharp drop in semiconductor share prices on Wednesday, the bond has remained above issue price. The issue closed 2.5 times covered, having priced at the top of the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial