UK rolling stock lessor Porterbrook Rail
has offered £520m (€628m) of bonds to investors today (4 June),
according to reports.

The sale is said to have saved issuance
from falling to the lowest ever in Europe this week, after a record
low in the week beginning 16 May.

Prior to this, deals from Air Liquide,
the world’s largest producer of industrial gases, and state-owned
German rail company Deutsche Bahn, on 2 and 3 June, had failed to
keep issuance from heading towards a total short of €2.1bn.

Derby-based Porterbrook reportedly
priced two portions of bonds with different maturities, although it
is believed an official announcement has yet to be made.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData