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Jacquet Metal Service leads SSD revival

By Silas Brown 07 May 2021 French steel parts and distribution company Jacquet Metal Service has launched a further Schuldschein, according to sources. The market is gearing up for somewhat of a renaissance after a moribund 2020 and GlobalCapital understands that 10-15 more transactions are set to be launched in May. BayernLB, which has led the previous two JMS deals on its own, is offering investors a five year Schuldschein at a margin of 175bp. The deal will be priced over mid-swaps for fixed rate notes, and six month Euribor for floating. The last deal for the issuer . Already a subscriber? Login

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