(Bloomberg) — Repsol SA is the latest oil major to head to Europe’s debt market for fresh financing, with other large borrowers piling in as measures of credit stress ease for the first time in four days.Eight issuers including Sanofi and LafargeHolcim Ltd are marketing new bonds on Monday, with Repsol following BP Plc, Royal Dutch Shell Plc and OMV AG in to the market. The strong start to a holiday-shortened week for sales comes as a gauge of European credit risk fell after Germany saw the lowest number of new coronavirus cases in six days and U.S. President Donald …read more
Source:: Yahoo Finance
