Brambles ups bond to €500m on €3.5bn book

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By Jon Hay
05 Jun 2014

Brambles, the Sydney-based global leader in renting pallets, crates and containers to customers especially in the food and beverage industries, with solid Baa1/BBB+ ratings, revisited the euro market on Wednesday after a roadshow.

“The company has a fantastic business profile,” said a banker at one of the bookrunners, BNP Paribas, Commerzbank and JP Morgan. “Everyone sees it as a scarcity name. They’ve got a couple of dollar trades out there.”

Brambles met over 75 investors on its roadshow in France, the ...

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