US companies set to return to euros as General Mills prices €900m

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US companies set to return to euros as General Mills prices €900m

Richard Metcalf
April 20, 2015 06:30 PM
lucky charms 230x150
FILE - In this Sept. 21, 2006 file photo, a shelf of General Mills Lucky Charms cereal in a Giant Eagle grocery in Pittsburgh, is shown. General Mills _ the maker of Lucky Charms, Trix and Cocoa Puffs _ said Wednesday, Dec. 9, 2009, it will further reduce the amount of sugar in its cereals marketed to children. (AP Photo/Gene J. Puskar, file) | GENE J. PUSKAR/AP/Press Association Images

Euro issuance by US companies has slowed since mid-March, as many have been in earnings blackouts. However, after General Mills' deal on Monday, bankers expect US issuers to return, but at more modest levels than in February.

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Richard Metcalf
Richard Metcalf
People & Markets Editor GlobalCapital
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