Kingfisher, Europe’s largest DIY group which trades in the UK as B&Q has raised around £380m via a €550m seven-year Eurobond issue which attracted strong support because it contained an investor protection clause against the takeover of the group.
Britvic, the soft drinks empire behind the likes of Tango, Robinson’s Barley Water and Pepsi in the UK, has floated on the Stock Exchange after finding itself in the extraordinary position of having three longstanding major shareholders who for historical reasons are all willing sellers at the same time.
One of Europe’s most indebted companies, France Telecom, which has around €61bn of loans and bonds outstanding, has issued a 20-year £350m sterling bond.
