In yet another stunning example of the liquidity that exists in the global bond markets and the investor appetite for anything having to do with commodities, Noble Group priced $700 million bonds last week through sole bookrunner JP Morgan with a spread over Treasuries of 225 basis points. The unsecured notes have a 10-year term and are non-callable for the first five years.
This is only an excerpt of Noble Prices $700 million Bonds at T+225 – JP Morgan Sole Books
Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.
Tags: · DryShips, JP Morgan, Noble Group
You must be logged in to post a comment.