Glencore, Telecom Italia shrug off price breaks

Alex Radford

April 09, 2019 06:00 pm

Glencore_HQ_2_PA_230x150 — In this April 14, 2011 file photo, the headquarters of Glencore are seen in Baar, Switzerland. Grain-handling company Viterra Inc. (TSX:VT) has agreed to be acquired by Switzerland-based Glencore International in a deal valued at $6.1 billion. (AP Photo/Urs Flueeler, The Canadian Press) | Urs Flueeler/The Canadian Press/PA Images

After issuing a £500m seven year bond in March, Glencore repeated the performance, this time in the euro market. It issued a €500m 7.5 year bond that achieved a similar book size and price tightening. Telecom Italia also issued for the second time this year, after losing its Fitch investment grade rating on Friday.

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Topics

Deutsche Bank Intesa Sanpaolo UBS Bank of America EMEA Corporate Bonds High yield BBVA Morgan Stanley BNP Paribas Loans and High Yield LevFin High Yield Bonds LevFin Commerzbank Europe UniCredit Société Générale NatWest Markets

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Alex Radford