Pound Bond Market Gets Longest Deal in Months as BOE Hits Pause

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Days after the Bank of England called time on nearly two years of rate hikes, Suez SA is selling the longest-dated sterling corporate bond in six months.

The French waste-treatment group is marketing pound-denominated green bonds due in 20 years on Thursday, according to a person with knowledge of the sale, who asked not to be identified as the information is private. It’s one of just four senior offerings in the currency from a non-financial company this year bearing a tenor of 20 years or more and the longest in the currency since March, according to data compiled by Bloomberg.

“If I were a corporate I would certainly be looking at the long end of the GBP market as a good place to issue with decent demand at the moment,” said Luke Hickmore, investment director at Abrdn Plc. “If we do see Suez do well I would expect that to be taken as an indication that we are in an episode of demand and we will see more issuers print.”

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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