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Issuers
Wind turbine maker sells €600 million in debut bond offering
Monday, March 15, 2010
Danish firm Vestas Wind Systems has sold €600 million of bonds at 225bp above five-year swaps on its debut in the credit market, according to various reports. The deal was said to be two times oversubscribed. Vestas, the world’s largest maker of wind turbines, said earlier today that the proceeds of the sale will be used for general financing. Book-running on the bonds was reportedly led by Nordea, Rabobank, Societe Generale and UniCredit.
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CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
