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Asfinag Bond Issue Successfully Placed
The Austrian highway financing company has placed a € 1.0bn corporate bond at historically low rates. The bond has a maturity of 20 years.
Asfinag Bond Issue Successfully Placed / Picture: © Vindobona.org
Today, the publicly held Austrian highway financing company Asfinag announced to have successfully placed its long-term corporate bond. With a cupon of 2.75%, the interest rate is historically low. UniCredit, DZ Bank, Morgan Stanley and Credit Agricole acted as joint lead managers.
„The corporate bond was significantly oversubcribed. The demand for Asfinag´s bond was very…
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