Building materials group CRH issued €750 million of notes through its Finnish unit, CRH Finland Services Oyj.
CRH Finland’s seven-year notes yielded 107 basis points more than the mid-swap rate, according to a Bloomberg report, which cited unidentified sources. The company’s share price was down 1.7 per cent this afternoon.
Investor demand for corporate debt is being boosted by speculation that global borrowing costs will hold near record lows, with the US government...
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