Free Trial

JNJ: New Issue Guidance

CREDIT SUPPLY


JNJ Guidance: Max EUR 2.5bn across 3 tranches


  • 8yr IPT +65-70; Guidance ms+45; we had ms+32
  • 12yr IPT +80-85; Guidance ms+60a; we had ms+43
  • 20yr IPT 110-115; Guidance ms+90a; we had ms+67
Looks like JNJ are leaving a lot of value on the table to get an M&A deal away

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.