Vodafone’s chat runs dry

What is it with issuers of corporate megabonds? First Electricité de France and its banks get nervous about speaking to the press for its record-breaking €6.2bn hybrid capital extravaganza — at least until the deal was truly over and the dust had settled, when we were granted a nice interview. But for a while, we had to make up our own expletives — sorry, superlatives.