Unilever brings zero coupon to the four year point

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By Ross Lancaster
25 Apr 2016

The corporate bond market hosted its second zero coupon deal of the year on Monday, courtesy of Unilever, as the UK-Dutch consumer goods company printed €1.5bn across three tranches of bonds.

Just a month after Sanofi had issued a €500m three year note with a 0% coupon, Unilever pulled off the feat on the €300m four year tranche of its €1.5bn deal. Before Sanofi's trade, the last zero coupon bond had been issued in March 2015, when GDF Suez ...

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