Top Section/Ad
Top Section/Ad
Most recent
◆ UK defence company returns after seven year absence ◆ Sticky book as investors seek rare sterling supply from the sector ◆ Deal pays only small single digit concession
◆ UK supermarket chain takes euro route ◆ Demand holds firm despite sharp spread tightening ◆ Small new issue concession on offer
Four tranche deal could raise at least €2bn
Only a handful of names tapped the market ahead of Independence Day
More articles/Ad
More articles/Ad
More articles
-
Renewable energy company Vena Energy was back in the bond market on Wednesday with a $175m tap of its debut green bond. -
The extraordinary amount of cash sloshing around Europe’s corporate bond market has put acute pressure on triple-B rated corporates looking to raise debt, with market participants hoping a summer break will act as a release valve on super-tight spreads. Mike Turner reports.
-
French telecoms firm Iliad has sold €500m of Schuldschein debt, with a novel extension clause attached to one tranche. But due to the investor-friendly terms of the extension language, there was no push-back from lenders.
-
Salesforce found deep demand to secure $8bn and fund the biggest acquisition in its history as the dollar corporate bond market remained wide open in the run-up to the July 4 holiday weekend.
-
Inmobiliaria Colonial, the Spanish property company, reopened its newly printed June 2029 bonds on Thursday, paying a few basis points' concession to increase them by 25%.
-
Vinci, the French concessions and construction company, had Europe’s high grade corporate market to itself on Wednesday, with the borrower having an easier time slashing its spread for 10 year money during bookbuilding than lower rated issuers in recent days.
