Top Section/Ad
Top Section/Ad
Most recent
AT&T’s 19 year bond found buyers this week, but rate uncertainty and a flatter euro curve have dampened investor demand for duration
August forecast to be a strong month for corporate dollar supply
Stable backdrop, steady rates and strong demand give issuers reasons to move before the post-summer rush, bankers said
◆ Telco takes size in euros and duration in sterling ◆ Elevated premiums paid at the long end ◆ Sterling tranche AT&T's first since 2018
More articles/Ad
More articles/Ad
More articles
-
French oil company Total priced a £300m six year bond on Tuesday, paying a small new issue premium, according to bankers. The deal follows a spate of recent deals in the currency from Walgreen, Ford and Intu Properties. -
The property arm of Chinese conglomerate COFCO Group, COFCO Land Holdings, completed a successful debut bond offering on November 10, with books more than 6.5 times covered.
-
US pharmacy chain Walgreen completed the bond financing of its acquisition of Alliance Boots on Monday with sterling and euro bonds totalling some €1.5bn. Strong demand for US credits allowed the bonds to be priced tightly, with the euro tranche considerably inside Walgreen's dollar bonds, according to one lead manager.
-
Austrian oil and gas company OMV came to the euro bond market on Monday for the first time for almost a year, and priced a €750m four year deal.
-
Beijing Infrastructure Investment Hong Kong is due to kick off a series of investor meetings as it seeks buyers for its maiden offshore dollar bond to finance its capacity expenditure and general corporate purposes.
-
COFCO Land Holdings, the property arm of conglomerate COFCO Group, started receiving bids for its debut offshore offering on November 10. Demand for the bonds are strong with the order book in excess of $1bn by mid-morning.
