LONDON, March 4 (IFR) - The European corporate bond market reached a milestone on Wednesday after French utility GDF Suez sold the first ever zero coupon corporate bond and secured the lowest coupon ever for a 20-year deal.
LONDON, March 4 (IFR) - French electric utility GDF Suez (rated A1/A), stormed the market on Wednesday to secure the first zero coupon corporate bond sold in the public market.
Notes Launched under issuer's EMTN programme
We are maintaining our EUR 21 fair value estimate and negative no-moat rating for GDF Suez after the group reported weaker 2014 results and guided for a very difficult 2015, below our projections. During the year, the
PARIS, Feb 26 (Reuters) - French utility GDF Suez said it received guarantees from Areva about nuclear reactors in Turkey and wind turbines in France that it plans to build with the nuclear group.
* Cautious outlook, sees "resilient" net recurring income (adds detail on earnings)
GDF Suez announced on Dec. 2 that its consortium with Toshiba signed an agreement ..... perhaps explaining the choice. It's critical to remember that both EDF and GDF Suez remain vehicles of French industrial policy and geopolitical influence.
BRUSSELS (Reuters) - Belgian utility group Electrabel, part of GDF Suez , said its nuclear reactor Tihange 3 should return to full capacity later on Tuesday, after a fire at a transformer outside the power station caused it to shut down on Sunday.
We are reaffirming our EUR 21 per share fair value estimate and negative no moat rating for GDF Suez after reviewing nine-month results, which highlighted an intensely challenging environment for its European power fleet and
goes ahead on favorable terms, we expect there could be significant upside to our fair value estimate. We also expect GDF Suez , which is also in line to take advantage of the new scheme, would pursue its proposed construction project as part of