By Mike Turner
06 May 2021
Europe’s high grade corporate bond investors clamoured for spread this week, with low triple-B rated companies Aker BP and Holding d’Infrastructures de Transport (HIT) finding ample demand a day after Eni had sold hybrid debt.
Norwegian oil and gas company Aker BP, rated Baa3/BBB-/BBB-, and French highway operator HIT, rated Baa3/BBB/BBB-, found plenty of interest from investors on Wednesday.Aker BP made its debut in euros, having printed dollar bonds until now. It was upgraded to investment grade just before the coronavirus pandemic sell-off
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By Mike Turner
05 May 2021
Europe’s high grade corporate bond investors showed for the second day in a row on Wednesday how hungry they are for spread. Low triple-B rated credits Aker BP and Holding d’Infrastructures de Transport both increased their bond issues after bumper demand.
Norwegian oil and gas company Aker BP, rated Baa3/BBB-/BBB-, and French highway operator Holding d’Infrastructures de Transport, rated Baa3/BBB/BBB-, won plenty of interest from investors on Wednesday, a day after Italian oil company Eni s dual tranche hybrid capital bond was three times subscribed.Aker BP made its debut in