Deals of the Month: GDF Suez
The primary markets have been buzzing since the start of the year. We profile GDF Suez's mammoth EUR4.25bn deal, the $1.5bn five-year from Staples, and Toyota's Swiss franc issue
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
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