Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,617.70
    -1,523.86 (-3.04%)
     

  • CMC Crypto 200

    1,262.46
    -95.55 (-7.03%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Vodafone pulls 30-year benchmark US dollar bond: lead

Reuters - UK Focus

By Davide Scigliuzzo

NEW YORK, Nov 23 (IFR) - Vodafone pulled a 30-year US dollar bond offering from the market, hours after announcing initial price thoughts for the trade, one of the lead managers told IFR.

Market participants had expected the deal to have a size of US$1.5bn to US$2bn, which was being marketed at a spread of 250bp area over US Treasuries.

Vodafone is the second issuer to pull a multi-billion offering from the US corporate bond market in less than a week. Veritas failed to sell high-yield bonds backing its leveraged buyout from Carlyle last week. (Reporting by Natalie Harrison; Writing by Davide Scigliuzzo; Editing by Jack Doran)