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CONSUMER STAPLES: Walgreens Boots (WBA B1/BB[N]/NR): USD Issuance

CONSUMER STAPLES
  • A busy day for Walgreens headlines, with earlier sale or restructuring news on VillageMD https://marketnews.com/walgreens-boots-wba-b1-bb-neg-asset-sales-continue-2668923122.
  • It’s now out with IPT mid-high 8% for $600mn 5NC2 notes. UOP is to refinance $ 11/24s and GCP.
  • For those involved in € WBA 26s it’s worth keeping an eye on how this goes. Piri has previously flagged RV https://marketnews.com/walgreens-boots-wba-b1-bb-neg-eur26s-look-cheap-here.

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