X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The last 18 months have seen non-financial companies embracing Europe’s market for hybrid securities. Already a popular option with banks and insurers, a total of 15 non-financial companies also used the market to raise the equivalent of around $18 billion. The pace of issuance was only briefly slowed by market turmoil in May and June, and issuers as diverse as sports-car maker Porsche and family owned mail-order retailer Otto rubbed shoulders with the likes of Italian lottery operator Lottomatica and French construction giant Vinci. General Electric Co. even joined the party in September, issuing an innovative security with one tranche denominated in euros and one in British sterling.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.