ASDA refinances the largest-ever sterling bond
03 May 2024Taking advantage of investors' strong appetite for high-yield debt, ASDA raised GBP1.75bn on Thursday with a 6NC2 deal. This, along with cash and a new TLB, will be used to refinance the record-sized GBP2.25bn 3.25% February 2026 bond issued in 2021,
