Man Group

News

A debut Eurobond from UK’s Man Group, the largest fund manager in the world, is a mouthwatering prospect. But investors will have to wait before they can feast on the credit after lead-managers ABN Amro and HSBC postponed the deal at the start of July due to WorldCom causing volatility in the market.

The borrower had planned to launch a £200-£300 million offering split into a three-to-five year sterling tranche – price guidance at the time was in the 165bp area over Gilts – and a three-

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