Siemens, Fortum show strength of euro IG

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Siemens, Fortum show strength of euro IG

euros fotolia 230x150

Siemens, the German engineering group, and Fortum, the Finnish electricity company, hit the corporate bond market on Tuesday with big, multi-tranche euro deals totalling €5.5bn. Both achieved great terms at long tenors in an otherwise quiet market.

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