.png){kind=logo}
GC Asia
Floating rate revival enters new territory as BMW issues €1bn
The revival of corporate floating rate note issuance advanced in leaps this week, as deal after deal showed there was more demand than bond bankers had thought. Issuers and banks are exploring new territory, and no one has yet found the limits to what is possible.
BMW took post-crisis issuance to a new high with a €1bn three year issue on Thursday. That came a day after Anheuser-Busch InBev astonished many by issuing an €850m four year floater.
Only the day before AB InBev’s trade, Volkswagen Financial Services had opted not to use a ...Already a subscriber? Login
-
Latest news from Corporate Bonds
-
King’s College seeks to raise cash with private placement
01.15 PM -
ESG debt volumes up 59% in 2020 but pricing to tighten further
12.45 PM -
UK edges ahead in race to claim world’s greenest central bank
04 Mar 2021 -
US credit market laughs at inflation
04 Mar 2021 -
Coca-Cola and Mondelez lead US names into euro market
04 Mar 2021
-
-
Latest news from Corporate Bonds
-
King’s College seeks to raise cash with private placement
01.15 PM -
ESG debt volumes up 59% in 2020 but pricing to tighten further
12.45 PM -
UK edges ahead in race to claim world’s greenest central bank
04 Mar 2021 -
US credit market laughs at inflation
04 Mar 2021 -
Coca-Cola and Mondelez lead US names into euro market
04 Mar 2021
-
