Every little bond helps deleverage Tesco
![Tesco Bag](https://assets.euromoneydigital.com/dims4/default/b155b69/2147483647/strip/true/crop/230x153+0+0/resize/840x559!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fe5%2Fe3%2Ff5007980a0d0d62c44cf01f2bbe2%2Ftesco-bag-pa-230x150.jpg)
Tesco issued a new £400m six year bond, to fund a tender for bonds from eight older issues, and saw blow-out demand of £3.3bn, as the UK supermarket heads back towards investment grade status.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: