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DewDiligence

03/24/20 6:35 PM

#21477 RE: DewDiligence #21456

SNY sells €1.5B ($1.62B) of 5- and 10-year notes at 1.00% and 1.50%, respectively:

https://www.globenewswire.com/news-release/2020/03/24/2005874/0/en/Sanofi-successfully-prices-EUR-1-5-billion-of-bond-issue.html

Despite some major hiccups lately, the corporate bond market for high-quality credits remains open—and the interest rates are still crazy low.

p.s. Note how much lower the interest rate is on SNY’s Euro-denominated notes than MET’s dollar-denominated notes (#msg-154515036).