Canal makes a splash with €500m debut
![Canal de Isabel II](https://assets.euromoneydigital.com/dims4/default/62ccbf9/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F3b%2F56%2F938aa623c49903a7ea62152b3eca%2Fcanal-de-isabel-ii.jpg)
Canal de Isabel II Gestión, the municipal utility company that supplies water and waste water services to the Madrid region, issued its first euro bond, a €500m 10 year, on Tuesday. The deal found plenty of demand, getting €3.3bn of orders.
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