BG Group prices tight eight and 15 year clips

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By Richard Metcalf
12 Nov 2014

British oil and gas company BG Group issued €775m eight and €800m 15 year bonds on Wednesday, in a week of strong issuance of European investment grade corporate bonds.

“This deal shows how strong the market is,” said a banker at one of the leads, which were Bank of America Merrill Lynch, Credit Suisse, Goldman Sachs and JP Morgan. “BG Group is rated one notch lower than BP, one of the main comparables, but the 15 year priced ...

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