Euro High Grade corporate - Winner: GDF SUEZ

- Risk Staff
- 01 Dec 2008

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Bookrunners: Barclays Capital, BNP Paribas, Societe Generale, Natixis

After more than a month of inactivity in the Euro corporate bond market it was apt that one of the highest-rated European utilities, GDF Suez, managed to unblock the pipe and reopen the market on October 17.

The EUR1.9 billion dual-tranche offering is also notable for being the first transaction for the group since GDF and Suez merged in July 2008. "It was an opportunity to gauge new issue pricing against other deals and demand

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