Top Section/Ad
Top Section/Ad
Most recent
Deal will fund repayment of previous instrument
◆ IG corporates pour into market ◆ Little sign of fatigue despite range of trades on offer ◆ EDP and Kering hit euros and RAC gets blowout response in sterling
◆ Smaller trades populate market after roaring week ◆ Air France KLM keeps hybrid momentum going ◆ Cencora and Icade bring no-grow bonds
◆ Transdev debuts among some big trades ◆ Abertis looks to pay zero premium on hybrid ◆ Heidelberg Cement pays low concession after big rally in its debt
More articles/Ad
More articles/Ad
More articles
-
Volvo joined the growing group of corporate issuers of hybrid capital on Wednesday, when it priced its first hybrid bonds. The deal was popular with investors, generating €7.4bn of orders. -
Merck KGaA, the Darmstadt-based pharmaceutical company, has mandated banks for a hybrid bond issue, as part of the refinancing of loans for its $17bn (€13bn) acquisition of Sigma-Aldrich, the US life sciences and high tech materials group.
-
Telefónica, the Spanish broadband and mobile phone company, issued an €850m hybrid bond on Thursday. The perpetual non-call five year deal was priced just 3bp outside the issuer’s curve, according to one banker, a good omen for hybrids being roadshowed by Volvo and Santos.
-
Bond investors were out in force on November 25 as they sought to get a slice of Beijing Capital Land’s senior perpetual non call five dollar bond. An improving industry backdrop, good pricing and a favourable structure helped propel the deal past the finishing line.
-
Bond investors were out in force on November 25 as they sought to get a slice of Beijing Capital Land’s senior perpetual non call five dollar bond. An improving industry backdrop, good pricing and favourable structure all helped to propel the deal past the finishing line.
-
Beijing Capital Land, the real estate arm of Beijing Capital Group – a company owned by the Beijing provincial government - has launched a senior perpetual non call five dollar bond on November 25.
