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View Full Version : Pernod's Escape From Junk Cuts Bond Rate to Record Low: Corporate Finance - Bloomberg



NewsWhore
10-24-2011, 06:30 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH960k8NdYj0w_mSSZmFc1wJtDBQA&url=http://www.bloomberg.com/news/2011-10-24/pernod-s-escape-from-junk-cuts-bond-rate-to-record-low-corporate-finance.html)
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Pernod&#39;s Escape From Junk Cuts Bond Rate to Record Low: Corporate Finance (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH960k8NdYj0w_mSSZmFc1wJtDBQA&url=http://www.bloomberg.com/news/2011-10-24/pernod-s-escape-from-junk-cuts-bond-rate-to-record-low-corporate-finance.html)
Bloomberg
That compares with a spread of 245 on the $1 billion of 5.75 percent bonds due 2021 it sold in April, its first issue in the US currency. A basis point is 0.01 percentage point. Among Pernod&#39;s existing securities, its 1 billion euros of 5 percent notes ...

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