Bosch does the double

摘要

Robert bosch came back with a bang last week, returning to the market after more than a year with two deals inside 72 hours. The German engineering and electronics company sold a €750m 1.75% 10-year bond through Commerzbank, HSBC and Societe Generate on Monday, and followed it up with a €250m 2.95% 25-year note via Deutsche Bank on Wednesday. AA- S&P-rated Bosch's first deal was praised by bankers away from the process, who noted that it was rare for 10-year paper to print inside 2% (the yield at the 98.96 reoffer price was 1.865%).