EUROPE WATER NEWS BRIEF
- From: Vol 11, Issue 6 (June 2010)
- Category: Brief
- Region: Europe
- Country: Belgium, France and United Kingdom
- Related Companies: Cascal, Credit Agricole Indosuez, EBRD, ING, Kelda, Natixis, Royal Bank of Scotland, SembCorp Utilities, Severn Trent and Veolia Environnement (formerly Vivendi Environnement)
Suez Environnement priced a €500 million 12-year bond into €2.3 billion of demand on 15 June.
* The issue, carrying a coupon of 4.125%, was priced at 159.6 basis points over the benchmark 10-year German government bond, and tightened by 6bps almost immediately. The deal was led by Crédit Agricole CIB, Natixis, RBS and ING.
* Veolia Environnement, meanwhile, looks set to retain Europe’s largest water management contract, serving 4 million people in the ...
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