Deals of the Month: GDF Suez

GDF Suez, the world's largest producer of liquefied natural gas and the second-largest utility, was at the vanguard of what turned out to be a record-breaking month of issuance in January with its three-tranche, EUR4.25 billion bond. The transaction was the euro corporate market's largest since 2004. While the deal's timing - it came on January 7 - allowed the issuer to dodge strong issuance volumes expected from other utility names, the sector's popularity was underlined by another deal in the

To continue reading...